Monday, July 4, 2011

CHINA DAILY: Japan taps Indonesia as car production base


And China will also be 'tapping' in very soon I guess...

JAKARTA - Indonesia's improving investment climate and high automobile sales led two major Japanese car makers, Daihatsu and Suzuki, to name the country their production base for global and regional markets, local media reported here on Wednesday.

Industry Minister MS Hidayat announced on Tuesday that Daihatsu would hold a ground-breaking ceremony on May 20 to mark the beginning of the construction of its new production facility in Karawang, West Java.

"The investment value for the factory is 2.1 trillion rupiah ( about $245 million)," he said at his office here.