PT Indonesia Fiberboard Industry Tbk (IFII) has prepared an investment fund of Rp650 billion to finance the expansion of the production capacity increase of the Medium Density Board (MDF) factory.

This expansion is part of the company's efforts to anticipate an increase in demand for the export and domestic markets.

In a written statement, the company said it would increase the factory's production capacity located in Bayung Lecir, Musi Banyuasin, South Sumatra.

In detail, the expansion includes the construction of additional MDF production facilities to increase the overall capacity from the previous 250,000 M3 / year to 450,000 M3 / year.

"The construction of the MDF factory and its supporting facilities will be carried out by Dunhuan Yalian Machinery Co. Ltd (Yalian) as the main machine vendor for the Continuous Press Line MDF and other third parties as the contractor for the construction of the supporting facilities that will