JAKARTA - PT Intikeramik Alamasri Industri Tbk (IKAI) is allocating capital expenditure (capex) of IDR 40 billion for 2025.

Head of Finance and Accounting of IKAI, Tommy Atmojo, mentioned that most of 2025 capex will be allocated for manufacturing process.

“For the capex next year, we set the budget to IDR 40 billion, for the entire group, approximately 87% of which will be allocated for manufacturing purposes,” Atmojo said during Public Expose last Monday (30/12).

Atmojo further mentioned that the capex will be utilised to establish a new production line, thus projecting 2026 production to grow approximately 1 million square metres in one year.

“The capex for the new machine is estimated to reach around IDR 35 billion,” added Atmojo.

In addition to manufacturing process, the remaining capex set for 2025 will be utilised by IKAI for its business in the hospitality segment. (DK/ZH)