Nestle begins construction of $200 mln factory in Indonesia
Swiss food giant Nestle said on Monday it began construction of a $200 million (146.7 million euros) factory in Indonesia which will produce infant cereals, chocolate malt drinks and milk powder.
"Our decision to invest USD 200 million in Karawang is consistent with the growth in demand and our confidence in the rapidly developing economy of Indonesia," Arshad Chaudhry, President Director of Nestle Indonesia said in a statement.
The factory in the town of Karawang, West Java, will create over 600 jobs and is expected to open in early 2013, the company added.
© 2011 AFP