Multinational
company, Unilever, is planning to open a palm-processing plant in Semangke,
North Sumatra with a total investment of Rp. 1.1 trillion (US$122 million).
“Unilever
is developing a new facility in Semangke, North Sumatra. It is a Fatty Acid Oil
Chemical plant,” Investment Coordinating Board Chief Gita Wirjawan said on
Thursday as quoted by Antara news wire.
Gita was
among ministers who accompanied President Susilo Bambang Yudhoyono in welcoming
Unilever top officials at the State Palace on Thursday.
Visiting
Unilever top officials included Chairman Michael Treschow; CEO Paul Polman;
Chief Supply Chain Officer Pier Luigi Sigismondi; President Director of PT
Unilever Indonesia Tbk Maurits Lalisang, and Corporate Secretary Sancoyo
Antarikso.
Gita said
it would take two years to finish the new facility.
Gita said
the company was also committed to investing US$600 million for its expansion in
Indonesia.
“It has a
number of plants in Java. It accepted our suggestion to build plants outside
Java,” he said.
The company
will cooperate with 10 firms to invest 50 million euro in Nusa Tenggara.
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