INDONESIA
January 1st, 2002
BY MARK ROWE
THE TEXTILE industry in Indonesia is to be boosted by a government led campaign aimed to increase its competitiveness. Jakarta wants to expand the sector via its programme from employing 250,000 people to 340,000 nationwide. The move, which is expected to be funded by government start-up grants and loans from major banks, is part of a general policy to counter rising unemployment and slowing exports, which focuses on sectors in which Indonesia has strength.
THE TEXTILE industry in Indonesia is to be boosted by a government led campaign aimed to increase its competitiveness. Jakarta wants to expand the sector via its programme from employing 250,000 people to 340,000 nationwide. The move, which is expected to be funded by government start-up grants and loans from major banks, is part of a general policy to counter rising unemployment and slowing exports, which focuses on sectors in which Indonesia has strength.
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