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Business deals

Mitsui enters Indonesian dairy market to milk growing demand

Japanese trader building local supply chain in country that remains big dairy importer

Raffles Pacific Harvest, owned by Indonesia’s ABC Group and Japan’s Mitsui, officially began operations of its dairy farm in Garut, West Java, on Sept. 20 (Photo by Wataru Suzuki).

GARUT, Indonesia -- Mitsui & Co. is getting into the dairy business in Indonesia, where demand for such products is rising along with incomes, through local food producer ABC Group. 

An initial $50 million or so will be invested in farm and processing capacity to integrate operations, from producing raw milk to selling the final products.

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