Malaysia-based investment holding company, Caely Holdings Bhd, plans to form a joint venture to increase its lingerie production capacity in Indonesia. Gok Ching Hee, CEO says, the company is currently finalizing terms and conditions for the agreement with a potential JV partner that would then invest in a plant in Indonesia. Caely currently exports undergarments to Germany, the US and Canada. However, has been getting more enquiries from companies in Turkey, France and Australia. And this is encouraging them to expand, with the plant in Indonesia aiming to increase capacity threefold, compared to its factory in Teluk Intan, Perak.

The recent surge in orders is due to companies shifting away from sourcing their products in China, adds Gok The orders will help Caely use up the current capacity of its Indonesian plant, he states further.