Kawasaki launches new bike<\/p>\n
JAKARTA (JP): PT Kawasaki Motor Indonesia launched its first
\n\"Kaze\" wind-model motorcycle on the local market yesterday.<\/p>\n
Asril Noer, secretary to the state minister of investment,
\nofficially launched the first motorcycle at the company's
\nassembly plant in Pulo Gadung, East Jakarta.<\/p>\n
Kawasaki Indonesia was established in February last year with
\na paid-up capital of US$10 million. It is 51 percent owned by
\nKawasaki Heavy Industries Ltd. of Japan, 29 percent by PT
\nDanmotors Vespa Indonesia, 15 percent by PT Bimantara Cakra Nusa
\nand five percent by PT Sumber Selatan Nusantara.<\/p>\n
\"The presence of Kawasaki Heavy Industries here indicates that
\nIndonesia is still an attractive site for foreign investment,\"
\nAsril said.<\/p>\n
He said that foreign investment had almost tripled last year
\nto US$23.7 billion, as compared with the previous year. As of
\nMarch 15, this year's foreign investment had already reached
\n$10.8 billion, he said.<\/p>\n
The company's chief commissioner, Carlo H. Tabalujan, said the
\ncompany had invested some $40 million in its assembly plant,
\nwhich is able to turn out 48,000 motorcycles per year.<\/p>\n
The company aims to sell some 25,000 motorcycles this year, he
\nsaid, adding that Kawasaki Indonesia would market its products,
\nnot only in Indonesia, but also in a number of neighboring
\ncountries.<\/p>\n
The growth of motorcycle production in Southeast Asia is
\nconsidered to be among the highest in the world. Indonesia
\nrecorded 20.16 percent growth last year with the production of
\n623,880 units, as compared with 18.04 percent growth in Thailand
\nwith 1.02 million units and 8.49 percent growth in Malaysia with
\n272,918 units.<\/p>\n
Indonesia is expected to produce some 895,000 motorcycles this
\nyear, 1.02 million next year, 1.35 million in 1997, 1.35 million
\nin 1998, 1.5 million in 1999 and 1.8 million in year 2000. (rid)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/kawasaki-launches-new-bike-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
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