{
    "success": true,
    "data": {
        "id": 1051053,
        "msgid": "honda-to-set-up-ri-venture-1447893297",
        "date": "1996-10-24 00:00:00",
        "title": "Honda to set up RI venture",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "Honda to set up RI venture TOKYO (AFP): Japan's Honda Motor Co. Ltd. said yesterday it would set up a joint venture in Indonesia to produce and sell general-purpose engines, generators and water pumps. Honda would have a 60 percent stake in the venture, PT Sinar Honda Jaya, while local partner PT Wajamakmur Mandiri will hold the balance, Honda said in a statement. The venture would be based in West Java and capitalized at about 230 million yen (US$2 million).",
        "content": "<p>Honda to set up RI venture<\/p>\n<p>TOKYO (AFP): Japan's Honda Motor Co. Ltd. said yesterday it<br>\nwould set up a joint venture in Indonesia to produce and sell<br>\ngeneral-purpose engines, generators and water pumps.<\/p>\n<p>Honda would have a 60 percent stake in the venture, PT Sinar<br>\nHonda Jaya, while local partner PT Wajamakmur Mandiri will hold<br>\nthe balance, Honda said in a statement.<\/p>\n<p>The venture would be based in West Java and capitalized at<br>\nabout 230 million yen (US$2 million). Production was due to start<br>\nin June 1997.<\/p>\n<p>The new plant would be built at Bukit Indah, about 70<br>\nkilometers (44 miles) from Jakarta, with total output set at more<br>\nthan 100,000 units a year, it said.<\/p>\n<p>Initial production would be sold in Indonesia only, but the<br>\ncompany plans to export the products in the future in the region<br>\nof the Association of Southeast Asian Nations (ASEAN).<\/p>\n<p>ASEAN groups Brunei, Indonesia, Malaysia, the Philippines,<br>\nSingapore, Thailand and Vietnam.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/honda-to-set-up-ri-venture-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}