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Light industries propping up industrial estate market.

Jakarta Post

| March 30, 2007 | COPYRIGHT 1999 PT Bina Media Tenggara. (Hide copyright information)Copyright

(From The Jakarta Post)

from THE JAKARTA POST -- FRIDAY, MARCH 30, 2007 -- PAGE 19 Industrial estates in Greater Jakarta are focusing on selling or leasing space to local small-scale light industries amid sluggish demand from big foreign investors, a property consultant has said

PT Procon Indah said the improvement seen in Greater Jakarta's industrial market in 2006 would continue this year, with demand mostly coming from small-scale light industries

The light industries include footwear and garment manufacturers and logistics firms

"While transactions of large industrial land plots will remain limited due to limited new foreign direct …

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