Business

Unilever plans to invest Rp 2t a year in RI

The Jakarta Post | Mon, 06/13/2011 9:59 AM
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British and Dutch-based multinational consumer products giant Unilever has pledged to invest up to Rp 2 trillion a year in Indonesia.

During a meeting in Jakarta on the weekend, Unilever CEO Paul Polman had shared the company’s investment plan with President Susilo Bambang Yudhoyono, presidential spokesman Teuku Firmansyah said on Sunday.

“[Unilever] said its investment in Indonesia could create massive job opportunities,” Teuku said as quoted by kompas.com.

Unilever established its Indonesian branch in 1933, and now manufactures a wide range of consumer products here.

"Unilever Indonesia has created 30,000 jobs in Indonesia,” Teuku said.

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