Indonesian Political, Business & Finance News

Exporters to get awards

| Source: JP

Exporters to get awards

JAKARTA (JP): President Soeharto is expected next month to
present awards to 78 model exporters for their distinguished
efforts in fostering the country's non-oil exports.

The selection of the model exporters is carried out by the
National Agency for Export Development (NAFED) based on exporters
performance as well as their commitments in fostering the welfare
of their laborers and preserving the environment.

A spokesman for NAFED said over the weekend that the award
winners will be divided into four groups -- small exporters with
annual exports of US$500 to $5 million, medium exporters with
annual exports of over $5 million to $15 million, medium-large
exporters with annual exports of over $15 million to $50 million
and large exporters with annual exports of over $50 million.

Of the 78 companies, 26 will be categorized as national-level
companies and the rest provincial-level companies. All the
provinces, except East Timor, will be represented by two
companies. "No companies in East Timor thus far have fulfilled
the criteria," the spokesman said.

He said the awards are expected to be presented in a ceremony
here on Nov. 24.(rid)

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