Companies in the timber industry / Daily News / Global Trends / Forestry / Furniture / Lumber / Sawmilling / Wood Products / Asia & Middle East / China / Global
November 27, 2019
59 Chinese wood and furniture business to relocate factories to Indonesia
59 Chinese investors engaged in the wood and furniture business will relocate factories to Indonesia. The investors plan to relocate their industry to Central Java. The Chinese investors decided to relocate their industry because of Indonesia's ability to maintain its investment climate, the Investment Coordinating Board (BKPM) BKPM chief Bahlil Lahadalia said. Another reason is the simple process of licensing in Central Java, which Bahlil said is one of Indonesia's provinces with the best licensing system and service. Central Java won the 2018 Investment Award as ...
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