Indonesian Industry: Cows instead of Conveyor belts?
Indonesia’s robust economic development raises its profile as a foreign investment destination.
November 24, 2010 5:50 by kippreport
Though they may use unconventional methods, Indonesia is becoming increasingly attractive to foreign investors. Several international companies are moving their factories from Taiwan and South Korea to Indonesia. In fact, this year, Nestle announced $100 million expansion project in the country.
Red tape, bureaucracy, and poor infrastructure are still some of the many hurdles crippling the Indonesia industry, but the government is promising that reforms will be soon implemented.
Read more: Indonesia delays global sukuk to 2011
More on World
-
Tesco Clothing Brand Plans International Expansion
-
NCoV – First report of patient-to-nurse spread
-
Struggling Singapore Airlines fights back
-
U.S. Targets Two UAE Firms For Dealing With Blacklisted Iran Banks
-
Turkish Airlines faces strike
-
Coronavirus can spread from person to person
-
Qatar Airways now looks to Airbus
-
World’s Longest-Range Passenger Jet
-
Dubai Court Jails Britons For Four Years On Drug Charges
-
Britain’s Cameron ‘concerned’ about torture allegations
-
Etihad says it will partner with Air Canada
-
Angela Merkel asks Qatar to ‘play’ fair
-
Long-delayed airport in Dubai to open
-
Qatar willing to have a ‘cool’ 2022
-
Middle East Owner Signals Early Exit From Leeds
-
Iranian bank fights sanctions in Britain’s supreme court
-
The world’s ‘least welcoming’ countries
-
‘Qatar confirms Marks & Spencer rumours’
-
Qatari Shard Investor To Avoid Europe This Year
-
WHO Confirms 15th Case Of Deadly New Virus In Saudi Arabia
