Taiwan to invest in Sulawesi

Taiwan to invest in Sulawesi

PALU (JP): Weifhuan Enterprise Company (WEC), a Taiwan
agribusiness company, will invest US$5 million in crab farming
in Donggala regency, Central Sulawesi, and a fishing venture at
the Tomini bay and Makassar strait, South Sulawesi.

According to the company's representative, Indra Alisauw, who
was here yesterday, all the production will be exported to Hong
Kong, South Kora and Japan.

"We are only waiting for the investment license from the
Investment Coordinating Board (BKPM)," Alisauw was quoted by the
Antara news agency as saying.(yns)