Investor Presentaiton slide image

Investor Presentaiton

However, in East Kal a major problem concerned the wood industries, clustered around Samarinda city. Plywood exports dropped more than 50% from Jan. 2008 to Jan. 2009 and only 8 out of 25 factories survived, with more than 24,000 workers laid off. ‘Orders dropped, prices dropped and raw materials were hard to find...' In West Kal, the 13 rubber factories (mainly in Pontianak) were having trouble obtaining raw materials, as many farmers stopped tapping when the price dropped. Again several factories closed and their workers became unemployed. While large drops in factory employment were mainly urban, declines in rural incomes affected many small services.
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