The road is meant to make it easier for Geo Energy to ramp up production at its mines, and to also lease capacity to neighbouring mines.
ResInvest of Switzerland will invest in the infrastructure subsidiary of coal miner Geo Energy Resources at a valuation of US$1.5 billion.
The subsidiary, PT Marga Bara Jaya, or MBJ, is almost finishing the construction of a 92km hauling road and jetty that can move 50 million tonnes per annum at full capacity.
