Breaking News

Unilever Will Invest $500 Million in Indonesia

November 11, 2005

INDONESIA: Jakarta-based PT Unilever Indonesia will invest about $500 million in the Indonesian market during the next 10 years, according to Niall Fitzgerald, global chairman, Unilever PLC. Indonesia has been designated by the company as a sourcing country for consumer products sold within the Association of the South East Asian Nations. Unilever Indonesia invested $250 million in the past decade, according to Unilever executives.
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