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GE to invest over US$300 mil. into technology in Indonesia

AFP
February 21, 2013, 12:41 am TWN

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JAKARTA -- U.S. conglomerate General Electric said Wednesday it planned to invest more than US$300 million over five years to develop new technologies in Indonesia, one of the world's fastest growing economies.

General Electric (GE) will work with the country's state utilities company PLN, oil firm Pertamina, national airline Garuda Indonesia and train operator Kereta Api Indonesia to develop products and a training centre, GE Indonesia spokeswoman Ariavita Purnama said.

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