Suzuki denies relocation plan

Suzuki denies relocation plan

JAKARTA: PT Indomobil Suzuki International denied on Monday a news report saying it would relocate its manufacturing plant from Indonesia to Sri Lanka.

"In my opinion, it is not logical to relocate the car manufacturing plant from Indonesia to Sri Lanka," Gunadi Sindhuwinata, managing director of PT Indomobil Suzuki International told The Jakarta Post.

Dow Jones reported on Monday that Suzuki Motor Corp. would relocate its Indonesian car manufacturing plant to Sri Lanka.

The report quoted Sri Lanka's commerce and consumer affairs minister Ravi Karunanayake after a visit to Japan.

Gunadi, however, said that his office had been unable to confirm the report with its headquarters in Japan.

"We can't confirm the report because our headquarters in Japan is closed due to holidays," said Gunadi.

He said 65,000 Suzuki cars, 450,000 Suzuki motorcycles are sold every year in Indonesia.--JP