BaoCheng Industrial Plans New Factory Construction in Indonesia

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（Central News Agency, Taipei, 17th）BaoCheng Industrial, a shoe factory, announced today that its subsidiary PT. Hardases Abadi Indonesia plans to build a factory based on operational needs, with an investment of approximately 948.8 billion Indonesian rupiah (approximately $56.39 million, NT$1.68 billion).

BaoCheng Industrial had previously announced on April 21 that PT. Hardases Abadi Indonesia would build a factory on its own land, and today it supplemented the announcement with the contract counterparties including PT YULONG GONG CHENG, PT ACTER INTEGRATION TECHNOLOGY INDONESIA, and a total amount of 948.8 billion Indonesian rupiah.

The BaoCheng International Group was established in Taiwan, with business bases in Taiwan, mainland China, Indonesia, Vietnam, Bangladesh, Cambodia, and Myanmar.