JAKARTA (Yosefardi) – Philip Morris International Inc. (PMI) and its affiliate PT HM Sampoerna Tbk (HMSP) plans to invest US$174 million, equivalent Rp2 trillion, in Indonesia for boosting production capacity of white mild and clove cigarette products.
PMI will build one new production facility in Karawang, West Java, to produce white mild cigarette and employ around 600 staffs, fully operated next year.
Since 2006, PMI has invested US$390 million in total in Karawang’s production facilities. Last year, PMI’s cigarette export reached US$24 million, to be doubled this year.
Indonesia will be the base for producing Marlboro cigarette to cover export demand, mainly from countries in Asia and Pacific region.