Aiwa opens new plant in RI

Aiwa opens new plant in RI

JAKARTA (JP): PT Aiwa Indonesia, a joint venture between Aiwa
Singapore Ltd. and Singamip Enterprise Pte. Ltd., yesterday
officially opened its electronic goods manufacturing plant in
Sukabumi, West Java.

The new plant, which was completed in February with a total
investment of 1 billion yen (about $10 million), including $4
million in capital, manufactures and assembles small audio
equipment and mechanical parts.

Aiwa Singapore owns 87.5 percent of Aiwa Indonesia's shares,
while Singamip owns the remaining 12.5 percent.

The factory, which started operations at the beginning of
April, was officially opened by the director of the Aiwa Group,
Unoki Hajime, in a ceremony also attended by Minister of Industry
and Trade Tunky Ariwibowo.

The factory employs 1,600 workers at its 76,000-square meter
site, located 100 km south of Jakarta. (pwn)