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200 shoe firms could invest in Indonesia

17/02/2015
The chairman of Indonesian footwear industry association Aprisindo has said the sector would experience strong growth if the country’s government could settle uncertainty surrounding minimum wage levels.

In recent comments to local media, Aprisindo president, Eddy Widjanarko, said that greater certainty in labour cost planning would allow greater investment by footwear firms in Indonesia. He said he felt investment would come from around 200 firms if doubts over increases in minimum wage levels could be lifted.

Mr Widjanarko said this extra investment would create thousands of new jobs and boost Indonesia’s footwear exports, which he said had a value of $4.5 billion in 2014.




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