Indofood plans expansion

JAKARTA (JP): Publicly listed food-products producer PT Indofood Sukses Makmur plans to open new production facilities worth US$4.9 million in Vietnam.

Company president commissioner Sudwikatmono said in Semarang the company would start constructing the plant in the near future and the plant was scheduled to start operation in late 1998.

"Vietnam is a big market potential," he was quoted by Antara as saying.

He did not specify the plant's location, nor the kind of food products the plant would produce.

He said aside from Vietnam, Indofood planned to expand to other Asian countries.

Indofood produces noodles, snacks and children's' food. (jsk)