PepsiCo Returns to Indonesia with $200 Million Investment
Cikarang. US food and beverage giant PepsiCo has announced a substantial investment of $200 million to build a new snack factory in Indonesia. This move marks the company's return to the country after a four-year absence.
The factory, located in the West Java town of Cikarang, is currently under construction and is expected to become operational by 2025.
Encompassing an area of 60,000 square meters, the factory is set to generate a significant number of employment opportunities for Indonesians, PepsiCo Indonesia CEO Asif Mobin said during the groundbreaking ceremony on Wednesday.
The primary focus of the new facility will be the production of snacks to meet the demands in halal-food markets in Indonesia and beyond.
"This venture marks just the beginning of our direct investment in Indonesia. We anticipate the manufacturing of other products on this site in the future," Asif said.
"While our immediate focus is on the Indonesian market, we hold ambitions of supplying export markets from this hub. Recognizing the rapid growth potential of the halal market, our goal is to cater to markets with a strong preference for halal products."
Tags: Keywords:The Latest
UN Boss Commends Indonesian Forest Protection Despite Persistent Haze Problem
Outgoing UN boss António Guterres' comment comes at an ironic time amid Indonesia's struggle with forest fires.Indonesia Must Benefit Most From Its Minerals: UN Chief
Outgoing UN chief António Guterres says that Indonesia must "retain a far greater share of the economic value" from its minerals.Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development
Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026
AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996
Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.Most Popular
