Fashion: Taiwan shoemaker sets foot in Indonesia
(From Fashion News)
A Taiwan-based sports shoes manufacturer has expressed its interest to expand its business in Indonesia. The company, who has had a factory in Tangerang since 1996 with 1,100 workers, will expand and is expected to absorb up to 10,000 workers.
The Investment Coordinating Board (BKPM) chairman Franky Sibarani has welcomed the planned expansion. “It’s very positive to help to create employment and optimize investment benefits in a bid to improve people’s welfare,” he said in an official statement as quoted by Bisnis.com, Tuesday, July 12, 2016.
The BKPM chairman said that the company has picked Majalengka District as one of the possible location for its expansion. The company will expand its factory and also bring along some of its suppliers as part of its supply chain. Read more