Indonesia’s Newest Economic Zone Seeks USD 17 Billion Investments

Indonesia’s Newest Economic Zone Seeks USD 17 Billion Investments

Indonesia’s newest special economic zone expects to attract about USD 17 billion in investments, now that it is open to foreign investors and comes with a series of tax breaks. The Java Integrated Industrial and Port Estate, known as JIIPE, in East Java has already...
Nestlé to Build New USD 220 Million Dairy Factory in Indonesia

Nestlé to Build New USD 220 Million Dairy Factory in Indonesia

Nestlé has commenced the construction of a new factory in Batang, Indonesia. The factory will create about 200 new jobs in the Central Java province and will produce Bear Brand liquid milk and ready-to-drink beverages, Milo and Nescafé, to fulfill growing consumer...