Japanese investors keeps expanding
Despite gloomy face of foreign investment in Indonesia, Japanese investors keeps expanding their manufacturing plants in the country, creating more jobs.
Companies that plans to expand their facilities are PT Shinto Kogyo Indonesia, PT Sanyo Indonesia, PT Hokuriku United Forging Industry, and PT KDS Indonesia with combined investment of around US$30 million.
Apart from these existing investors, Nippon Piston Ring Co. Ltd has established PT NPR Manufacturing Indonesia to build an iron piston ring plant in KIIC, Karawang, West Java with US$8 million investment. The plant will have installed capacity of 12 million pcs of iron piston ring per year and create new jobs for 150 people (mainly locals).
NPR established the company as a joint venture with Mr Dendy Jo, Mr Winsen Halim, and Mr Tsuneaki Fujita.
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Companies that plans to expand their facilities are PT Shinto Kogyo Indonesia, PT Sanyo Indonesia, PT Hokuriku United Forging Industry, and PT KDS Indonesia with combined investment of around US$30 million.
Apart from these existing investors, Nippon Piston Ring Co. Ltd has established PT NPR Manufacturing Indonesia to build an iron piston ring plant in KIIC, Karawang, West Java with US$8 million investment. The plant will have installed capacity of 12 million pcs of iron piston ring per year and create new jobs for 150 people (mainly locals).
NPR established the company as a joint venture with Mr Dendy Jo, Mr Winsen Halim, and Mr Tsuneaki Fujita.
READ MORE!!!
posted by yosef at 11:36 AM
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