Damco, the logistics arm of the world’s largest container shipping company Maersk Line, is considering to invest in a cold storage facility in Indonesia should the government follow through with its plan to open the business to foreigners and map out a clearer plan on its ambition to become a global…
Articles for February 13, 2016
FOREIGN COLD STORAGE TO HEAD EAST OF INDONESIA
Foreign investors have been given the opportunity to build cold storage units in the eastern part of the country, which boasts fish-rich oceans but minimal infrastructure, after the government announced a slew of reforms this week. Cold storage businesses were among the many sectors fully opened to foreigners on Thursday,…