Wed, 22 Jul 2009

From: The Jakarta Post

By Mustaqim Adamrah, The Jakarta Post, Jakarta
Two Chinese car maker giants are considering investing in Indonesia given the Southeast Asian country’s promising market.

"There are one or two investors from China [interested in investing in Indonesia]," industry ministry director general for transportation and telecommunications and informatics industries, Budi Darmadi, told reporters on Tuesday.

"They [the potential investors] are still surveying the market ... and yet to decide on car types [they plan to produce]."

Budi said the government would demand Chinese companies set up their production hub in the Southeast Asian region should they wish to tap into the regional market.