Taiwan, Korea Enters Jabar Textile Market In Succession

Some Chinese textile companies plan to invest in West Java, Indonesia. Kevin Kevin Hartanto, Secretary General of the Indonesian textile association (API), said that if the investment plan is to be realized, there will be a positive side and a negative side to it. (Jabar) China Spin When they visited Indonesia earlier, they revealed that they planned to move out. Though threatened, we consider fairness. He said investment plans for local businesses threaten local textile and textile products (TPT). In particular, local enterprises must also solve the problems of minimum wage (area / city) increase and electricity tariff plan raised from April.

Kevin explained that Chinese investors like to invest in Indonesia, because the Chinese government tightens supervision of textile enterprises. In addition, China's labor costs have increased. Raw material The price is even higher. According to reports, these changes have led the textile industry to enter Southeast Asian countries, and Indonesia is one of Southeast Asian countries. Rich natural resources and relatively low wages are the main attractions of Indonesia. Both South Korea and Taiwan have entered the textile industry in the Jabar region.

"They think Indonesia has great potential," he said. But even so, foreign direct investment from China will have a positive impact and will create new employment opportunities. He also hopes that competition with Chinese textile enterprises will lead to more creative and innovative products in the Indonesian textile industry. He said, "yes, there are both positive and negative aspects. It is hoped that Chinese textile manufacturers will help Indonesians improve their purchasing power. He asked the government to make rules to protect the local textile industry. He hopes that China will invest directly in the development of downstream textile industry. clothing Production. "If we develop a garment factory, we will create many job opportunities," he said. Besides, they have strong capital. "