Indonesia says Caterpillar to build new factory worth up to $1b

05-Mar-2011 Intellasia | Reuters | 7:01 AM Print This Post

U.S equipment maker Caterpillar Inc plans to build a new manufacturing plant in Indonesia worth between $500 million to $1 billion of investment, said Gita Wirjawan, Indonesia’s investment chief, on Friday.

Wirjawan told Reuters in an interview last year that Caterpillar might pick Indonesia as its Southeast Asian manufacturing base.


Category: Indonesia

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