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#54168 - 19 Jun 07 18:01 GOI/Royal Doulton to Invest $25m
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Registered: 24 Apr 08
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From Government of Indonesia

Royal Doulton to Invest $25m


Royal Doulton, with an existing investment of $75 million in the country’s ceramic industry, plans to invest a further $25 million, Antara reported.

Anthony O`Reilly, the British company’s chairman, said June 9 that with the additional investment, the company would raise its ceramic wares production capacity in Indonesia from 6 million to 12 million pieces per year.

He said his company had decided to make the additional investment as it believed the Indonesian economy would undergo continuous development in the next five to 10 years and because the country had certain comparative advantages over other countries.

The investment will boost the workforce from 1,350 at present to about 2,000.

Achmad Widjaya, chairman of the Indonesian Ceramic Industries Association, said Indonesia is now the world’s fifth biggest ceramic ware producer.

In another development in the industry, PT Arwana Citramulia said it would invest a further Rp160 billion to increase production of its ceramic tiles by 5 million sq m per year to 27.4 sq m a year, Kompas reported.
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#54181 - 20 Jun 07 07:10 Re: GOI/Royal Doulton to Invest $25m [Re: KuKuKaChu]
Dilli Offline
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Registered: 26 Feb 06
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Oh yeah, where are they going to get the extra power from?
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