Up to 200 Chinese timber entrepreneurs are considering investing in Indonesia

Up to 200 Chinese timber entrepreneurs are considering investing in Indonesia

Gati wibawaningsih, director of the Department of small and medium enterprises of the Ministry of industry, said the decline in exports was due to the impact of the US China trade dispute. Gati said he expects about 52 foreign manufacturers to move to Indonesia, which will boost furniture production.

As many as 200 Chinese timber entrepreneurs are considering investing in China’s Java, according to the Indonesian investment Coordination Commission (BKPM). This is the result of a recent meeting between the Indonesian Embassy in Beijing and the Shandong timber Employers Association.

At this meeting, the BKPM team, represented by Nurul ichwan, director of services and regional planning, and members of the investment committee, explained how investors would be supported to solve the problem.

The Shandong entrepreneurs say they are considering moving to East Kalimantan, which is much cheaper than central Java. In addition, East Kalimantan is rich in forest wood.

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