The Jakarta Post, Jakarta | Tue, 02/08/2011
The world’s largest palm oil producer, Wilmar International, has proposed to relocate its factories from Malaysia and China to Indonesia this year, a minister says.
“The relocation will begin this year,” Industry Minister MS Hidayat said on Monday as quoted by kompas.com.
Hidayat said Wilmar had planned to relocate its factories to Gresik, East Java, due to the existing infrastructure in the city, but the government had asked the firm to also set up factories in Riau, Indonesia’s main palm oil province.
He added that Wilmar had agreed to do so on the condition that the government could develop infrastructure such as roads to the seaport in Riau.
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