Hanshin opens outlet here

Hanshin opens outlet here

JAKARTA (JP): Japan's Hanshin Department Store will open a
retail outlet in Plaza Senayan next year under a franchise
agreement with PT Inti Fasindo Internasional, a subsidiary of
Great River International.

Great River, a company listed on the Jakarta Stock Exchange
announced yesterday that its subsidiary will also receive
technical assistance from the Osaka-based department store chain.

Great River's Hanshin Department Store, with an area of 25,000
square meters, will be one of the largest retailers in Plaza
Senayan.

The total investment for the store will be around Rp 100
billion (US$42.73 million), the company said. The store, which is
now under construction, is scheduled to be in operation by the
end of 1997. (hen)