{
    "success": true,
    "data": {
        "id": 1000185,
        "msgid": "gunze-to-make-socks-here-1447893297",
        "date": "1994-11-09 00:00:00",
        "title": "Gunze to make socks here",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Gunze to make socks here JAKARTA (JP): Gunze Ltd. of Japan signed a joint venture agreement here yesterday with PT Great River Industries to produce socks with an investment of US$10.2 million. Under the agreement signed by Gunze's president, Yoshiaki Hamura, and Great River's president, Sunjoto Tanudjaja, the joint venture will set up a factory on a 14,000-square-meter area in Cikarang, east of here, with a production capacity of 3.5 million pairs per annum.",
        "content": "<p>Gunze to make socks here<\/p>\n<p>JAKARTA (JP): Gunze Ltd. of Japan signed a joint venture<br>\nagreement here yesterday with PT Great River Industries to<br>\nproduce socks with an investment of US$10.2 million.<\/p>\n<p>Under the agreement signed by Gunze's president, Yoshiaki<br>\nHamura, and Great River's president, Sunjoto Tanudjaja, the joint<br>\nventure will set up a factory on a 14,000-square-meter area in<br>\nCikarang, east of here, with a production capacity of 3.5<br>\nmillion pairs per annum.<\/p>\n<p>The joint venture, 70 percent owned by Gunze and 30 percent by<br>\nGreat River, will export about two thirds of its products and<br>\nsell the remainder on the domestic market.<\/p>\n<p>\"We expect that the venture's annual sales will reach $5<br>\nmillion after three years of operation,\" he said at the ceremony,<br>\nwhich was attended by Minister of Industry Tunky Ariwibowo. (riz)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/gunze-to-make-socks-here-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}