From Government of Indonesia

Eight Carmakers Set Up Bases

Eight major car manufacturers from Japan, Europe and China have made Indonesia their production base, an official said.

Toyota, Daihatsu, Honda, Suzuki, Nissan, Mitsubishi of Japan, BMW of Europe and Cherry of China have made Indonesia a production base, Director General for Transport Equipment and Information Technology, Budi Dharmadi, said, according to Antara.

Dharmadi said the government hopes to persuade other carmakers to make the country their production base. He said Indonesia has become the production base for 16 brands of cars.

The government is targeting a 40% increase in exports of completely built-up cars to 42,000 units this year, up from 30,000 units in 2005. Last year, exports shot up 70% to 30,000 units but sales in the domestic market shrank 40.3% to 318,880 units, Dharmadi said.
_________________________
Jawawa.net: Indonesian Business and Investment News Aggregator