DOMESTIC MARKET OF MACHINE TOOLS DOMINATED BY IMPORT PRODUCTS

From: Indonesian Commercial Newsletter | Date: February 10, 1992 | Copyright information

The domestic industry of machine tools still plays a small role in meeting the domestid demand for such products. This can be seen from the fact that Indonesia's machine tool imports are still high. Import machine tools usually enter Indonesia in the same package as other types of machines used by the industry. This is the more true with machine tools imported in connection with the implementation of a project financed using overseas loans. Normally, a businessman who is going to establish a plant obtaines a loan to finance the purchase of machines, including machine tools, from ...

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