Thursday, November 10, 2005

Daihatsu to double Indonesian capacity

PT Astra Daihatsu Motor, a subsidiary of Japanese Daihatsu, would invest another US$80 million to expand its car production facilities in Indonesia and boost export.
The new investment would increase Daihatsu's car production capacity from 78,000 units to 150,000 units per year.
Industry Minister Andung A. Nitimiharja said today that Daihatsu's new investment would also open up 4,500 new jobs to bring the company's total workers to 6,700 by 2007.
Andung said with the new production facilities, Daihatsu could boost its export to 4,500 units per month from the current 3,200 units. Daihatsu's Indonesia plant has exported cars to Malaysia, South Africa, Mexico, and Philippines.
Indonesia is the fastest growing automotive market in the region with total sales of 520,000 units this year and is predicted at the same size next year despite current hike in fuel price.

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