Indonesian Political, Business & Finance News

Chinese car makers eye RI

| | Source: JP
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.
Tags: business
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