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Wednesday, February 16, 2011

Seven large Korean companies to expand Indonesian business

The Jakarta Post, Jakarta | Wed, 02/16/2011

Coordinating Economic Minister Hatta Rajasa says that seven prominent Korean-based companies plan to expand their business operations in Indonesia, saying that the country has not yet tapped into its potential.

Hatta shared the plans to the press after a one-on-one meeting with three big companies in Lotte Hotel, Seoul, South Korea.

The seven Korean companies are Samsung C&T Corporation, KCCI/CJ Corporation, Daewoo Shipbuilding & Marine Engineering Co Ltd, Lotte Group, Hyundai/ Kia Motor Company, Hanhwa Group and Hankook Tire Mfg.

“They are companies that are already present in Indonesia and intend to expand their business in the country,” Hatta said as reported by kompas.com.


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