Mazda Gives Certainty Regarding Factory Construction In Indonesia May 2021

One of Mazda's production facilities (Photo: Special)

JAKARTA - It is reported that Mazda automotive manufacturers are carefully considering the construction of production facilities in Indonesia. The news was conveyed by the Minister of Industry (Menperin) Agus Gumiwang Kartasasmita during his visit to Japan on March 10-11.

During the visit, the Minister of Industry also conveyed a number of policy reforms that have been carried out by the government to support the investment climate in the country.

"We explained that there are various facilities for investment and there are many incentives for new automotive investors and we will continue to encourage them to immediately invest and build factories in Indonesia", he said in an official statement on Friday, March 12.

He added that Mazda is one of the world-class automotive manufacturers that has been paving its way for a long time in Indonesia. However, the car brand, which is more commonly referred to as Matsuda in its home country, has not yet established a factory in Indonesia.

"They will immediately consider and calculate for investment needs in Indonesia. Hopefully later on our next visit in May, we can hear about Mazda's developments in investing in Indonesia", said the Minister of Industry.

Not only Mazda, but Minister Agus also brought along other investment 'souvenirs', such as the Suzuki Motor Corporation which plans to invest IDR 1.2 trillion.

Then, Toyota Motor Corporation realized the existing investment, which was around IDR 28 trillion, and Mitsubishi Motors Corporation submitted an investment plan of IDR 11.2 trillion.

Meanwhile, according to the Minister of Industry, Honda is said to be the most serious in matters of investment in the country. This is because the manufacturer bearing the H logo provides certainty to relocate its production facilities from India to Indonesia in the near future.

Not only that, but Honda is also said to be ready to develop electric vehicles with the latest technology in Indonesia.

"The meeting with Honda principals yielded results with an investment commitment of IDR 5.2 trillion", he said.

"Honda's investment includes the development of new model vehicles. They also have plans to expand the export development of vehicle components produced in Indonesia as part of the global supply chain for nine countries, including Malaysia, Vietnam, Thailand, Pakistan, Saudi Arabia, and Japan", said the Minister of Industry.