Factory Relocation: Seven Companies Absorb Thousands of Workers

Yosepha Pusparisa 06/07/2020 13:41 WIB

Bagikan URL has been copied

Memuat...

Seven foreign companies will relocate their factories to Indonesia next year, potentially absorbing 30,000 workers.

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Factory Relocation: Seven Companies Absorb Thousands of Workers

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Job Absorption Potential

Download

Source

A Small
A Medium
A Bigger

President Joko Widodo welcomed seven global companies that have confirmed they will relocate their factories to Indonesia. The total investment value reaches US$850 million, or Rp12.2 trillion at an exchange rate of Rp14,400/US$. The relocation is expected to absorb up to 30,000 workers.

Meiloon is projected to create the largest number of jobs compared to the other six companies. The Taiwanese speaker and audio-video electronics company is capable of absorbing more than 8,000 workers.

The seven global companies consider Indonesia to have a strategic position, thus moving their factories to the country. Competitive factory costs and labor, as well as increasing market demand, are supporting factors for investment.

Editor : Aria W. Yudhistira

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."