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Geneva.
Swiss food giant Nestle said on Monday it began construction of a $200 million
(146.7 million euros) factory in Indonesia which will produce infant cereals,
chocolate malt drinks and milk powder.
“Our
decision to invest USD 200 million in Karawang is consistent with the growth in
demand and our confidence in the rapidly developing economy of Indonesia,”
Arshad Chaudhry, President Director of Nestle Indonesia said in a statement.
The factory
in the town of Karawang, West Java, will create over 600 jobs and is expected
to open in early 2013, the company added.
Agence France-Presse
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