Flood of Shoes in 2006!
This year, Indonesia will be flooded with shoes industry. 35 Chinese shoes industry will be set up in Indonesia. 15 shoes industry from other countries have already set up their fabric here. Its been predicted that minimum 50 shoes industry will be set up here.
The industries will produce well known brand shoes like Nike, Marks & Spencer, Lotto, Puma, Adidas, Lacoste, Echo, Diadora, and Timberland. Besides increasing the number of shoes industry, it will also increase the number of leather industries. The factories invested US$ 170 million and using 250.000 workers.
Flood of shoes industries happened because China and Vietnam have got anti dumping policy from EU. After got that policy, 2500 shoes industries have closed their fabric at China and Vietnam. Then the industries move to Indonesia, and make Indonesia placed at 3rd in shoes industries ( Still below China and Vietnam ).
The industries will produce well known brand shoes like Nike, Marks & Spencer, Lotto, Puma, Adidas, Lacoste, Echo, Diadora, and Timberland. Besides increasing the number of shoes industry, it will also increase the number of leather industries. The factories invested US$ 170 million and using 250.000 workers.
Flood of shoes industries happened because China and Vietnam have got anti dumping policy from EU. After got that policy, 2500 shoes industries have closed their fabric at China and Vietnam. Then the industries move to Indonesia, and make Indonesia placed at 3rd in shoes industries ( Still below China and Vietnam ).
posted by SgtMajor at 7:27 AM
1 Comments:
That is great news for Indonesian economy as it is going to be the 3rd largest shoe market. Here, the important thing is that the overall development of Indonesia will be possible through setting up such industries because a large number of people will get employment (as you said 250.000 workers will be used in these industries). Moreover, some backward linkages of shoe industry like leather industry will be set up and thus there will have a great possibility of growing up more industries.
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