Indonesia allocates $20m for footwear and textile factories
Indonesia’s Industry Ministry has allocated approximately $20.4 million for 2011, on a programme to revitalise the country’s textile, footwear and leather industries.
The director general of the Industry Ministry’s manufacturing industry division, Panggah Susanto, said that the financial aid would be distributed to 150 textile firms and 20 footwear producers and leather tanners – many of whom produce sports footwear – so that they could replace their aging equipment.