Chinese firm intent to invest US$100mn in Indonesian textile industry

Related Keywords: 0Indonesian Industry Minister, Airlangga Hartarto, announced Chinese investor Jiangsu Dongqun Investment Holding Group Co., cooperate with local partners, development of textile industry, expressed intent to invest USD hundred million, Indonesian government, launched economic deregulation policies, Ltd, mulling over lowering, textile products

Jakarta
Chinese firm  intent to invest US$100mn  in Indonesian textile industry
Summary: 
Indonesian Industry Minister Airlangga Hartarto in a press release in Jakarta, Tuesday, September 6, 2016 announced that Chinese investor Jiangsu Dongqun Investment Holding Group Co., Ltd has expressed its intent to invest US$100 million in the development of textile industry and textile products (TPT).

Indonesian Industry Minister Airlangga Hartarto in a press release in Jakarta, Tuesday, September 6, 2016 announced that Chinese investor Jiangsu Dongqun Investment Holding Group Co., Ltd has expressed its intent to invest US$100 million in the development of textile industry and textile products (TPT).

They certainly welcome Jiangsu Dongqun Investment Holding Group Co., Ltd’s intention to invest in Indonesia and has also offered some investment options for the company, such as Kendal Industrial Park, Central Java, boasting its vast area and skilled workforce.

http://en.tempo.co/read/news/2016/09/06/056801987/China-Set-to-Invest-US100mn-in-Indonesias-Textile-Industry
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