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Article: ONLY 4 INVESTMENT PLANS IN CERAMIC TILE INDUSTRY APPROVED IN 1993
- Article from:
- Indonesian Commercial Newsletter
- Article date:
- March 7, 1994
CopyrightCOPYRIGHT 1994 P.T. Data Consult, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In 1993, only 1 new project and 3 expansion project in the ceramic tile industry were approved by the Investment Coordinating Board (BKPM). The combined investment commitment for these 4 projects is Rp 134.90 billion.
Investment in ceramic tile production in 1993 was smaller than that in 1990, in which 15 projects were approved by the BKPM. In 1991, even 16 projects were approved by the BKPM.
Although investment in the domestic ceramic tile industry has continued to increase, Indonesia's ceramic tile imports have remained high. For the first 8 months of 1993, ceramic imports reached US$ 36.7 million, as opposed to only US$ 5.3 million in the case of ...