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3. Master Kidz Indonesia Exports $163,000 Worth of Toys to the US

Master Kidz Indonesia, a Hong Kong-based toy company which operates in Kendal Industrial Park (KIK) in Central Java, began its first export to the US on Wednesday, January 6.

A statement from the company said that the total value of the toys exported to the US reached $163,450 comprising a total of nearly 19,000 items. The goods were sent through the Tanjung Mas Port in Semarang, Central Java.

“This is our first investment in Indonesia. We also see a great opportunity in Central Java. The Indonesian officials fully support us from the licensing process to operate the business and start exporting today,” said the company’s President Director Andy Chan in a statement on Thursday, January 7.

Source: https://money.kompas.com/read/2021/01/07/163900926/ri-ekspor-mainan-ke-as.

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