GENEVA — Severely hampered by political and economic uncertainties, foreign direct investment in Indonesia’s textile sector deteriorated sharply in 2002, totaling only $62 million, down from $301 million in 2002 and $401 million in 2001, a report by a global agency said.

“Foreign direct investment has performed badly since the economic crisis….Direct and portfolio investments have suffered,” said a report on Indonesia’s trade regime by the World Trade Organization.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus