State-owned construction materials producer, Viglacera Group, has recently signed a Memorandum of Understanding for cooperation with the Indonesian PT Arwana Citramulia Tbk (Arwana) Group.
Accordingly, Viglacera will export tiles to the Indonesian market, worth US$8 million a year.
The company targets export growth of 25 percent per annum, reaching $75 million by 2015.
The company’s traditional markets include Russia, Taiwan (China), the ASEAN countries , Australia, South Korea, Japan, India, EU, Middle East, Africa and South America.
