The contract signing between Freeport and PT Chiyoda International Indonesia to cooperate in engineering, procurement, and construction/EPC) with the investment value of US$ 2.7 billion and to develop a lead smelter and a precious metal refinery in the Java Integrated Industrial and Port Estate (JIIPE) will increase the recurring income of PT AKR Corporindo Tbk AKRA holds 60% shares of JIIPE. The lease revenue will come from a total land area of 103 hectares for the smelter and 40 to 50 hectares for the laydown area.