INDONESIA: Industry Revamp Seeks Chinese Support
According to West Java API chairman Ade Sudrajat, the association was in the process of collecting data about the number of machines and amount of funds needed to launch the restructuring effort.
Ade said the program would require the replacement of old and inefficient spinning, weaving and printing machines, boilers and generator sets.
He added that some Chinese manufacturing firms had already agreed to supply digital machines to be financed with loans from two Chinese banks.
West Java is Indonesia's largest textile and garment production centre.
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