Indonesia: Footwear investors deterred by workers’ protests
31/10/2012
The Jakarta Globe quoted an executive at the Indonesian Footwear Association saying that a number of investors in the shoe-making sector backed out of their plans involving Indonesia, following the recent wave of labour demonstrations at a major industrial park.
He said said that a number of companies had planned to invest $100 million, creating around 10,000 jobs in the sector, although it was not clear which companies, or how many had backed out.
The rally on the outskirts of the capital involved thousands of factory workers from various industries calling for better pay and conditions at the start of the month.
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