Toyota Motor Corporation says it will be investing 5.4 trillion rupiah (nearly RM1.7 billion) in Indonesia this year for an export-based production plant, according to Indonesia’s Industry Minister Saleh Husin. This is part of a 20 trillion rupiah (around RM6 billion) investment that started in 2015 and will run through 2019. Up until 2014, Toyota has invested around 40 trillion rupiah (RM12 billion) in Indonesia.
Currently, Toyota is constructing an engine plant in Karawang, West Java. When completed, it will be the third Toyota plant in Indonesia, the second in Karawang, with the third located in Sunter. Among the vehicles produced in Indonesia are the new Avanza, Innova and Fortuner, the latter of which will have an increased content localisation from 60% to 75%.
In a report by CNN Indonesia, Husin called on Toyota and other Japanese manufacturers to increase the number of investments in Indonesia’s automotive sector, particularly in the manufacturing of materials and spare parts. He also hopes for an increase in research efforts in the republic to further strengthen the Japanese automotive presence there.
According to data from the Association of Indonesia Automotive Industry (Gaikindo), Toyota commands a large share of the Indonesian market, accounting for nearly 32% of the 1,013,291 vehicles sold in 2015.
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we invest in Bangla..
Sam Loo migrating to Indonesia soon.
Sam Loor can have multiple wives in indonesia.Taxis,90 percent Vios.Wah liaoeh,got RV…betul betul.
Another RM1.7 billion we lost to Indonesia. Infact, the past 20 years, because of Ketuanan issues, Malaysia automotive industry has lost about RM 1 Trillion in factory investments and about few hundred thousand jobs to Thailand and Indonesia.
Who will want to invest in Malaysia when your Minister say want to create legal Mat Rempit racing?
Poor malaysia.. no carmaker want to invest in Malaysia.. tankd to Proton!
Tahniah Tun Penasihat the father of Indonesian automotive industry.
Indonesia has 10 times the market size of Malaysia. With or without Proton, our market is too small for them to make substantial investments, especially if their manufacturing facilities will just be populated by foreign workers instead of locals. They might as well set up factories at countries that provide the foreign labor to Malaysia, while reaping more sales due to a larger population compared to Malaysia. It’s all about economics, nothing to do with Proton.
No where near 10x.
http://paultan.org/2016/01/21/2015-total-industry-volume-tiv-salesproduction-figures-for-asean-indonesia-thailand-down/
Passenger roughly 30% more than us; commercial is 400%.
Probably Toyota just don’t want UMW to eat up all the airbags and VSC.
stupid comment by DonKeyKong. make some research first before posting.
indonesia has 5 times malaysia population, but many lives in poverty. new car sales is not that much more than malaysia.
Toyota has massive plants in Thailand and now Indonesia.
Why they bypass Bolehland?
Is the founder’s son stupid,nyanyok,bipolar,…why?
Answer: Unprofitable to operate in Bolehland and too much politics involved.Thats why mitsubishi cabuted long ago from a doomed marriage with protong.
Toyota is also closing their aussie plant by Christmas 2016.
cheaper labour. cheaper properties. overall lower operation running costs.
and bigger car market share. no protection price scheme like Malaysia. better. better for Toyota, good brand.
This RM1.7bil is ours if Proton’s protection isn’t here. Thanks to Tun, the nation lose RM1.7bil while an individual get RM2.6bil.
Proton can continue syoik sendiri in Malaysia. And continue making it difficult and expensive affair of owning a good car.
“Thanks” Proton.
It could’ve been us… Only if all these bastards like Najib and his slaves never existed.
Ask urself. Do u wanna do 3D work in the 1st place?
Our currency so bad also FDI don’t want to come in.
Please remind me which minister say low RM good for us?
How nice.
More moving coffins in ASEAN region. How sadding.
Jepunis takes us like disposable underwear but we (especially Malaysians) worship them like gods.
still way better than proton’s tongkang pecah..
LOL, and M said Protong create more jobs/ value…yup, value to the cronies!
Toyota cum see Malaysians dun wanna do 3D work, so runaway to indon, where even the chinese there dun mind