Rizwan Alamsjah, marketing director of Krama Yudha Tiga Berlian—the distributor of Mitsubishi in Indonesia, said this was done to meet the market demand of commercial vehicles in Indonesia.
"This is the first factory expansion for us after 43 years of leading the commercial vehicle market," Rizwan said at the Ministry of Industry, yesterday. He was unwilling to state the investment value or the production capacity of the new factory.
He did say that the factory might be located in Sunter, North Jakarta. With the new factory, the production capacity of Mitsubishi's Fuso trucks will grow to more than 165,000 units per year.
Budi Darmadi, director general of High Technology-Based Industry at the Ministry, said that he had listened to Daimler management's exposure on the factory expansion plan
"They asked about the strategies to maintain their market share. I told them they need to invest in new models at the factory," he said.
In the exposure, Budi said, Daimler—the shareholder of Mitsubishi Fuso, ensured that they will maintain their partnership with Krama Yudha Tiga Berlian. Budi said this is a sign that Indonesia is still worthy of being the automotive investment destination.
Source : Tempo
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