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Semen Padang is finally getting its wish to separate from Semen Gresik. The challenge ahead is to translate a political agreement into an effective business decision.
April 29, 2003
AFTER a two-year struggle, the urang awak (people) may well get their wish to dissolve the "unholy alliance" be-tween PT Semen Padang from PT Semen Gresik. True, the deed is not yet final, but the demand for a spin-off that has so far been disregardedresulting in the 2001 "rebellion" by the regional government and the West Sumatra peoplehas now been approved. The challenge ahead lies in translating a political agreement into a busine
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