Unilever Encourages Partner Suppliers To Invest In Indonesia

Unilever called on its strategic foreign-based suppliers to invest in setting up manufacturing facilities in Indonesia to help ease the supply-chain bottleneck affecting the consumer goods company. Speaking at the company's Partner to Win event, Unilever chief procurement officer Marc Engel said the company has invited 32 key suppliers to review investment possibilities in the country. Market research firm McKinsey Indonesia forecast that 90 million people will have joined the country's consumer class, which represents business opportunities worth $1.8 trillion, in 2030.