Indonesia to host US companies relocating from China
No names given of companies planning to relocate, says Central Java governor
Indonesia is clearing up 4,000 hectares of land in Central Java to accommodate US companies planning to relocate from China in the wake of the coronavirus pandemic and an escalating trade war, a top official said.
Central Java Governor Ganjar Pranowo said the plan was a follow-up of a phone call between Indonesian President Joko Widodo and his US counterpart Donald Trump.
"But we have not had any report of the companies' names so far," Ganjar told Anadolu Agency.
On April 25, Trump in a phone call with the Indonesian president discussed plans to purchase ventilators and possible investment in the country, especially for pharmaceuticals.
In the first quarter of 2020, some $141 billion were invested in Indonesia, of which more than 46% was foreign investment, according to the country's investment body BKPM.
*Umar Idris from Jakarta contributed to this articleAnadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.