Frisian Flag Making Investments, Who's Next?
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PT Frisian Flag Indonesia is building a new plant in Cikarang with an initial investment of 225 million euros or equal to Rp 3.8 trillion for liquid milk and sweetened condensed creamer products. The plant has a capacity of 244 million liters per year for liquid milk and 476,000 tons per year for sweetened condensed creamer.
About 90 percent of the production will target export market, while the remaining 10 percent is intended for domestic market. The new plant covering an area of 25 hectares is estimated to absorb 848 workers.