Indofood looks to African and Mideast markets – Thu, June 13 2019 – Jakarta Post

Publicly listed food manufacturer PT Indofood Sukses Makmur plans to focus on the domestic market and new export destinations, particularly Middle Eastern and African countries, to anticipate any impacts from the escalating trade war between the United States and China.Indofood president director Anthoni Salim said the company was not particularly worried about the increasing tension between the US and China, as it sold most of its products in the domestic market.“There is still a large domestic demand that we need to meet,” he said on May 31, during a press briefing in Jakarta.As for overseas sales, he said, Indofood would focus on exporting to countries in the Middle East or Africa that remained unaffected by the tariff war between the two economic giants.Anthoni said the company still had a wide opportunity to expand its export market, particularly in Africa, where it could build …

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