Indonesia Says Caterpillar to Build New Factory Worth Up to US$1 Billion
Fathiya Dahrul & Janeman Latul. Reuters, Jakarta - 04/03/2011
U.S equipment maker Caterpillar Inc plans to build a new manufacturing plant in Indonesia worth between $500 million to $1 billion of investment, said Gita Wirjawan, Indonesia's investment chief, on Friday. Wirjawan told Reuters in an interview last year that Caterpillar might pick Indonesia as its Southeast Asian manufacturing base. --end-