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Hyundai Motor to invest $1.55 billion in first Indonesia car plant

SEOUL (Reuters) – South Korea’s Hyundai Motor (005380.KS) said on Tuesday it has signed a preliminary deal to build a new factory in Indonesia, which would be its first car plant in Southeast Asia and a crack at Japanese rivals that dominate the market. The deal comes as Hyundai and affiliate Kia Motors (000270.KS) struggle […]

Indonesia Completes 19 Infrastructure Projects Worth of US $6B

Jakarta (TheInsiderStories) – Since January to August 2019, Indonesia has completed 19 national strategic projects (NSP) with total investment Rp87.7 trillion (US$6.21 billion), an official government told the media late Monday (09/09). The projects consist of three airports, five roads, four special economic zones, two smelters, three dams and two technological infrastructure. Since 2016 until August 2019, Indonesian government […]

Indonesia seeks USD 5 Billion Investment from Japan and South Korea

The Ministry of Industry (Kemenperin) continues to encourage for increased investment in the manufacturing industry sectors, especially those that are priorities in Making Indonesia 4.0. The two countries that are considered potential to invest in big capital to the country, are Japan and South Korea. “The huge investment potentials of Japan and South Korea must be […]

Ministry of Industry Received Japanese Investment Commitment Up to IDR 40 Trillion and Pull Automotive Investment

The Ministry of Industry stated that a number of large scale industry players in Japan will bring their money into Indonesia to a total of Rp40 trillion by 2023. This investment commitment is good news which is expected to be realized quickly so as to be able to increase production capacity and strengthen the manufacturing […]

Hyundai to Invest $2.8b in Car, Electric Vehicle Plant in Indonesia

Jakarta. Hyundai Motor Company has affirmed its Rp 40 trillion ($2.8 billion) investment in Indonesia as part of the South Korean automotive giant’s plans to make Indonesia one of its car export hubs and develop electric vehicles in Southeast Asia, Industry Minister Airlangga Hartarto said in a statement on Sunday. Airlangga said Hyundai will start manufacturing […]

Minister of Industry: Indonesia is the world’s investment destination

Minister of Industry (Menperin) Airlangga Hartarto said Indonesian economic grows to a positive trend, with an average above 5% per year. It is not detached from the role of the manufacturing sector that contributes the greatest to national GDP. “Many parties say that this growth can still be pushed again. Our economy is large and […]

Toyota to invest $2 billion in developing electric vehicles in Indonesia

JAKARTA (Reuters) – Toyota Motor Corp plans to invest $2 billion to develop electric vehicles (EVs) in Indonesia over the next four years, starting with hybrid vehicles, Indonesia’s coordinating ministry for maritime affairs said. “From 2019 to 2023, we will progressively increase our investment to 28.3 trillion rupiah ($2 billion),” Toyota president Akio Toyoda was […]

Industri Otomotif Korsel Siap Berproduksi di Indonesia

Produsen otomotif asal Korea Selatan, Hyundai Motor Company (HMC) akan segera merealisasikan investasinya di Indonesia. Rencananya ini ditegaskan pada pertemuan Menteri Perindustrian Airlangga Hartarto dengan Executive Vice President HMC Park Hong Jae di Seoul, Selasa (25/6/2019). “Mereka akan mulai produksi pada tahun 2021, dengan kapasitas 70.000 hingga 250.000 unit per tahun,” kata Menteri Perindustrian sesuai […]

Euro 4 Siap Diterapkan Indonesia

OTOSIA.COM – Pemerintah Indonesia mewajibkan seluruh kendaraan bermotor yang menggunakan bahan bakar bensin harus memenuhi standard emisi gas buang setara dengan Euro IV. Sesuai Keputusan Menteri LHK No 20/2017 aturan emisi gas buang Euro IV berlaku mulai Oktober 2018 Berbagai persiapan telah dilakukan oleh seluruh pemegang kepentingan (stake holder) dari pemerintah, industri otomotif maupun industri […]

Trans-Java toll road to ease mobility of people: Jokowi

President Joko Widodo (Jokowi) has reiterated that the Trans-Java toll road will make the mobility of people and logistics easier and cheaper. However, he let the people choose whether “What we want is, with this toll road, the mobility of logistics and people would become faster, easier, and cheaper,” Jokowi stated at the launch of […]

Draf Peraturan Presiden Kendaraan Listrik Akhirnya Rampung di Kementerian Perindustrian

JAKARTA, KOMPAS.com – Draf Peraturan Presiden (Perpres) Program Percepatan Kendaraan Bermotor Listrik Untuk Transportasi Jalan, rampung dikaji Kementerian Perindustrian ( Kemenperin) dan resmi diserahkan ke Kementerian Koordinator Bidang Kemaritiman pada 15 Oktober 2018. Sebelumnya pengamat kebijakan publik Agus Pambagio, juga sebagai salah satu tim perumusan Perpres kendaraan listrik menyebutkan, Perpres masih tertahan di Kemenperin. Namun […]

Low emission vehicle drives the national automotive industry

JAKARTA – Ministry of Industry encourages the national automotive industry to keep developing vehicles that matches the technology and consumer’s preference. Besides that, in order to compete in the global market, automotive products must fulfill several aspects including safety, comfort, eco-friendly, fuel saving and affordable price.

Tingkatkan Layanan, Menhub Canangkan Angkutan Umum Ber-Ac Di Tahun 2018

JAKARTA – Dalam rangka meningkatkan pelayanan angkutan umum kepada masyarakat, Menteri Perhubungan Budi Karya Sumadi mencanangkan angkutan umum ber-AC pada tahun 2018 di Lapangan Silang Monas pada Sabtu (1/7). “Kami memang mendorong angkutan umum menjadi angkutan utama. Makanya kami ingin level of service angkutan umum itu baik, salah satunya dengan pemasangan AC. Kami ingin angkutan […]

Indonesia Government preparing regulation on low carbon emission vehicles

Jakarta (ANTARA News) – The government is preparing a regulation on low carbon emission vehicles (LCEV), Industry Minister Airlangga Hartarto stated. “The application (of the LCEV regulation) will likely coincide with the introduction of the Euro IV standard fuel,” he said while accompanying Vice President Jusuf Kalla during the opening of the Indonesia International Motor […]

Indonesia Raised to Investment Grade by S&P and Indonesia Automotive Industry will Grow Rapidly

S&P Global Ratings raised Indonesia’s credit rating to investment grade, bringing it in line with the other two main rating companies and paving the way for more fund inflows into Southeast Asia’s largest economy. Stocks surged to a record and the rupiah advanced.

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