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Jakarta Post

Sejin latest in wave of companies to relocate factories to Indonesia

  • Alya Nurbaiti


Jakarta   /   Mon, September 28 2020   /  01:00 am
Permission applicants are seen at the BKPM One-Stop Integrated Service, Jakarta, in this file photo.(JP/Ricky Yudhistira)

Garment company PT Sejin Fashion Indonesia, a subsidiary of South Korean footwear manufacturer Parkland Co., Ltd., has made the decision to relocate its production base from China to Indonesia, making it the latest in a wave of companies that have announced plans to relocate their manufacturing plants to the country.   The plan was confirmed following a visit to South Korea by Investment Coordinating Board (BKPM) head Bahlil Lahadalia and State-Owned Enterprises Minister Erick Thohir on Wednesday and Thursday. “One more company is going to relocate from China to Indonesia. It’s a labor-intensive industry, it could add up to 4,000 new jobs. Hopefully, it will help the economy during this COVID-19 crisis,” Bahlil said in a written statement on Saturday, adding that Sejin would also increase foreign exchange as it exported its products. Sejin plans to relocat...