JAKARTA - The Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan said Indonesia is ready to welcome investment in the production of electric vehicles and immediately finalizes derivative regulations, including tax issues and the use of special electric car plates.
In uploading his personal Instagram account @ luhut.pandjaitan, Luhut explained that he saw the electric car products from Hyundai Motors on display on the office page of the Coordinating Ministry for Maritime Affairs and Investment, Jakarta, Thursday, August 13.
According to Luhut, the electric car project in collaboration between Hyundai Motors and the Indonesian government is the realization of an investment commitment that was signed by President Joko Widodo last year.
"In this meeting, I assure them that Indonesia has one of the largest materials in the world for the manufacture of electric car batteries. I also want Hyundai to convey to other battery and electric car manufacturers that Indonesia is currently open to investing in large projects. "In this meeting, from the side of the policy makers, we will immediately finalize the tax-related regulations and plans to use special plates for electric cars like this," he said.
Luhut also received an explanation that the Hyundai electric car factory construction project in the Deltamas area, Karawang, will be completed in March 2021 and after that there will be many manufacturing trials until final production at the end of 2021. Production capability will reach 250,000 units per year.
- https://voi.id/berita/11147/luhut-pandjaitan-dukung-jus-manggis-dan-arak-bali-untuk-tangkal-covid-19
- https://voi.id/berita/11174/luhut-pandjaitan-indonesia-punya-peluang-masuk-jurang-resesi-di-kuartal-iii-2020
- https://voi.id/berita/11206/luhut-pandjaitan-tentuk-indonesia-belum-terima-turis-asing- Jadi-akhir-tahun
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Hyundai also promised to absorb 3,500 Indonesian workers. To produce and realize this project, the South Korean automotive manufacturer has prepared 77 hectares of land where they have poured out funds of US $ 1.154 billion.
Luhut revealed that even though Indonesia is currently facing the COVID-19 pandemic, the government ensures that it will continue to carry out all existing investment commitments.
"Even though we are facing the test of a pandemic outbreak which is completely uncertain as it is today, the Indonesian government remains active in carrying out all investment commitments both with IDFC, United Arab Emirates and Hyundai, even though three or four months ago our communication had stopped due to the pandemic. I believe that Indonesia is capable of being a key player in the producer of electric car batteries in the world, and we are on the right track to welcome the era of industrial progress in the country, "he concluded.
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