10/20/2011

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INDONESIA: UAE firm eyes tire plant in Indonesia

Indonesian Consul General for Dubai Mansyur Pangeran said on Wednesday (19 Oct. 2011) that the investment was a follow up of a recent visit by a UAE business delegation to West and East Java.

"The investor has surveyed potential locations in Cikarang and Karawang. They will produce (the tires) here and export (the products) to Gulf countries," he told reporters in Jakarta.

According to Mansyur, the firm - whom he declined to specify - would produce around 20,000 tires per year and employ 2,000 workers.

Source: Daily "The Jakarta Post", Jakarta; 20 Oct 2011

(Syed Rashid Ali, Karachi, Pakistan)

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