Indonesian Political, Business & Finance News

Semarang to have trade center

| Source: JP

Semarang to have trade center

SEMARANG (JP): A major trade exhibition center will be built
in the Diponegoro sports stadium here to provide local companies
with an opportunity to display their products.

Central Java Chamber of Trade and Industry chairman Sundoro
said here on Thursday that the trade center would be built by the
local government, with a total investment of Rp 50 billion
(US$4.54 million).

He said that the center could also be used by foreign
businesses to exhibit their products.

Sundoro added that the regional administration also planned to
build a customs and excise office in Ungaran, 15 kilometers from
Semarang.

The compound will integrate all international trading
activities, including customs services, container storage and
warehousing, under one roof.

Around Rp 100 billion will be spent to construct offices,
warehouses and procure containers, he said. (03/har)

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