Core Viewpoint - The Indonesian government has approved an initial funding of $6 billion to strengthen the textile industry's value chain, aiming to increase textile exports from approximately $4 billion to $40 billion over the next decade. The company plans to leverage this opportunity through its production base in Indonesia, which is set to commence operations in June 2025, focusing on green fiber materials [1]. Group 1 - The Indonesian government has set a target to boost textile exports from about $4 billion to $40 billion within ten years [1]. - The company’s production base in West Java, Indonesia, is scheduled to start operations in June 2025, focusing on the production of green fiber materials [1]. - The company intends to actively seize market opportunities in Indonesia and promote international expansion through innovative material technology [1].
汇隆新材:将积极把握印尼市场机遇,有序推动国际化布局