Related Keywords: Apparel One, boost exports, expansion to help make Indonesia, garment company, plan to invest in second factory, push for investment in labour intentive sectors, slowing economy, subsidiary of Bina Busana Internusa, the base for export-oriented products, Triputra Group
Apparel One, a subsidiary of Bina Busana Internusa, a Jakarta-based garments company controlled by tycoon T.P. Rachmat's Triputra Group plans to invest Rp 490 billion ($39 million) in a second factory in Semarang, Central Java, this year.
The plant, which covers a 2.4 hectare-area, would increase Apparel One's total production capacity to 21 million pieces of clothing, with an export value of $100 million per year, Apparel One Indonesia president director Lukman Widjaja said.
The factory will also employ 6,000 workers at the end of the year.
