INDONESIAN GOVERNMENT BUDGETS USD7.6 MILLION TO PROVIDE NEW EQUIPMENT FOR THE TEXTILES INDUSTRY
March 9th, 2015
Indonesia’s industry ministry is planning to boost the growth of the country’s domestic textile manufacturing sector in 2015, with the expansion of an initiative that will help finance businesses buying new equipment and machinery. "Especially for the fiscal year 2015, we have budgeted [Indonesia Rupiah IDR100 billion [USD7.6 million]. The purpose is not just to increase quantity [of textiles output], but also quality, efficiency and productivity," said Saleh Husin, Indonesia’s industry minister, earlier this month. The minister was speaking at the launch ...
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