BAKRIE AND COBOD ESTABLISH JOINT VENTURE FOR 3D CONSTRUCTION PRINTING IN INDONESIA

     Director of PT Bakrie & Brothers Tbk (BNBR) Roy Hendrajanto M. Sakti, at the event said the agreement was made to forge the collaboration between Modula and COBOD, to focus on developing business in the construction industry with 3DCP technology in Indonesia. This collaboration will be realized in the establishment of a new company called PT Modula Tiga Dimensi. “This joint-venture will carry out the role of sales, distribution and market development in Indonesia, and all business activities to build up the 3DCP technology,” said Roy.

Furthermore, Roy explained that the technology especially those applied to building construction, is relatively new in the Indonesian market. He believes that Modula would become one of the pioneers of 3DCP technology provider in the country, especially in the building and housing construction segment. “We see that the potential growth in Indonesian market is very promising. This is an opportunity that should be explored and developed. The efficiency gained from the application of 3DCP in this industry is also very significant, with the use of environmentally-friendly energy,” said Roy.

Commenting on the signing, Simon Klint Bergh said, “We are proud to be partnering with the Bakrie Group to bring our state-of-the-art 3DCP technology to Indonesia. This will help solidifying our position as one of the leading technology provider in the world. Together, we will have great opportunities to grow, and to demonstrate to the Indonesian market on how our technology can be applied to build faster, better, cheaper and environmentally-friendlier.”