From Government of Indonesia

Indonesia Named Regional Base for LG

South Korean electronics producer LG Electronics Corporation is planning to make Indonesia a base for production of four types of domestic appliances for the Asian and Australian markets, Antara reported.

"We are planning to make Indonesia a base for the production of LCD televisions, plasma televisions, refrigerators and audio-video products for the Asian and Australian markets," PT LG Electronics Indonesia (LGEIN) General Manager Budi Setiawan said Tuesday (19/12/06).

The company will next year relocate its two-door refrigerator plant from South Korea to Indonesia, he said. Last year, the company shifted its air-conditioner plant to Indonesia from Thailand.

Once the relocation had been completed, the production base would have the capacity to produce 1.6 million LCD, flat and plasma screen televisions and 1.8 million refrigerators.

Setiwan noted that there was an opportunity for Indonesian firms to develop the ability to supply components, which for the time being would need to be mainly imported. He declined to state how much investment the expansion would require.
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