INDONESIA
February 1st, 2002
BY MARK ROWETHE INDONESIAN government is to launch a campaign to revitalise the country's footwear industry and dramatically increase its capacity. Under the plan, the industry, which employs around 389,000 people at present, is expected to expand by a further 100,000 or so workers in the next few years as the government pushes to boost exports of domestic products. The investment will be financed by government grants and bank loans as is part of a wider plan to lift Indonesia's flagging economy, counter rising unemployment and a slowdown of exports. Footwear has ...
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