RI-China motorbikes

JAKARTA (JP): PT Manunggal Otomotif and its Chinese partner, China Qingqi Motorcycle Group General Co., have agreed to establish a joint venture to produce motorbikes with an Indonesian brand name.

Manunggal Otomotif president Samuel S. Tarman was quoted by Antara as saying the joint venture, likely to be named PT Manunggal Qingqi Internasional, would start production next July with an investment of US$10 million.

Manunggal Otomotif and its Chinese partner would have an equal share in the venture, Samuel said.

He said his company had not yet come up with a brand-name for the motorbike, nor had it gained a permit from the Ministry of Industry and Trade.

Samuel said about 30,000 motorbikes a year would be produced at Manunggal Otomotif's plant in Cibitung, West Java. (pwn)