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Jakarta Post

Chinese textile companies to relocate to RI

  • The Jakarta Post

  /   Wed, August 22 2012   /  06:16 am

Two textile manufacturers in China plan to relocate their factories to Indonesia, says Indonesian Ambassador to China Imron Cotan.

The manufacturers expressed their intentions during a meeting of the Aigo Entrepreneurs Alliance (AEA), a coalition of key Chinese entrepreneurs, he added.

“Indonesia’s positive investment climate is the main reason for their plan. We also have several investment policies designed to attract foreign investors. All of these are making Indonesia a top destination for investment,” Imron said in Beijing as quoted by Antara news agency on Monday.

China’s “go global” policy has triggered the expansion of Chinese manufacturing to foreign countries, Imron said.

The Indonesian government, he added, would welcome Chinese investors interested in participating in the Master Plan for the Acceleration and Expansion of Indonesia’s E...