Jakarta (ANTARA News) - Two Korean principal shoe producers with their brands Adidas and Geox plan to build a new factory in Indonesia with a total investment of 150 million US dollars. "The two companies have shut down their plants in Vietnam and China for relocation to this country," Chairman of the Indonesian Shoe Producers Association (Aprisindo) Eddy Widjanarko said following a hearing with Commission VI of the House of Representatives in Jakarta Monday on Monday.

Jakarta (ANTARA News) - Industry Minister MS Hidayat believed that Indonesia would achieve its target of building a firm and strong automotive production basis by 2025. "The automotive producers` enthusiasm in Indonesia is quite high. They themselves have told me that they will consider Indonesia as their production basis, therefore I believe that in 2025 we will see that the production basis may come true," MS Hidayat said in Jakarta Monday.