Sign up | Log in



Home  >>  Daily News  >>  Indonesia News  >>  Investment  >>  Chinese investors eye Indonesian car market

NEWS UPDATES 22 June 2009

Chinese investors eye Indonesian car market

Related Stories

June 23, 2009
UK insurer plans expansion in Indonesia, Thailand, Vietnam

June 19, 2009
Mideast firm seen investing $1bn in Indonesia plant

May 27, 2009
Malaysian firm to expand palm plantation in Indonesia

March 27, 2009
Chinese firm axes Indonesian nickel project

December 20, 2008
Indonesia expects investments from Middle East 

Two Chinese car maker giants are considering investing in Indonesia given the Southeast Asian country’s promising market, reported the Jakarta Post.

"There are one or two investors from China [interested in investing in Indonesia]," industry ministry director general for transportation and telecommunications and informatics industries, Budi Darmadi, told reporters on Tuesday.

"They [the potential investors] are still surveying the market ... and yet to decide on car types [they plan to produce]."

Budi said the government would demand Chinese companies set up their production hub in the Southeast Asian region should they wish to tap into the regional market.

Meanwhile Indonesian government expects to help the country's car and motorcycle stand out by 2019 as an equal competitor among the global players dominating the domestic market.

"The [car and motorcycle] industries will improve within the next five to 10 years in a format that we want," Industry Minister Fahmi Idris said Tuesday at the opening of an exhibition on transportation at the ministry.

"[The manufacture of] two-wheeled and four-wheeled vehicles will be entirely supported, with auto parts to be completely produced within the country."


Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below 





1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand