Indonesia might very well be the next big textile destination for investors from around the world. China has virtually monopolized the industry for the past decade or so. But lately investors have been considering to move out because of their much higher average factory worker salary than countries like Indonesia and Bangladesh. Well the latter actually have been getting lots of orders from brands worldwide for some time. But I personally believe that Indonesia might be the best option for the next best destination.
Some news have reported that investors, mainly from China, have been planning to build factories of sewing machine and garments here. And just fresh from yesterday, expected land acquisition value for factory investments is even higher than 2010. So lets just keep our fingers crossed and hope that its not only for textiles and garments, but for everything!
If you want to see the wage comparison, read this article.
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