Japan automotive investments keep coming
Japan could be considered the most consistent investor in Indonesia so far, at least with the incoming new automotive component investment commitments.
Data from Investment Coordinating Board shown the following new investments from Japanese companies in the automotive sector:
1) TSC Manufacturing: A joint venture between PT Takagi Sari Multi Utama, Sumitomo Shoji Chemicals Co Ltd, and Takagi Seiko Corporation to build a US$6.6 million automotive plastic component (800,000 pcs/year) in Delta Silicon Industrial Park, Bekasi, West Java.
2) Mikuni Indonesia: A JV between Mikuni (Thailand) Co Ltd and Mikuni Corporation to invest US$4 million in a secondary air valve and carburator plant in EJIP Industrial Estate, West Java.
3) Sankei Indonesia: A JV between Mr Hiroshi Tokoro and Sankei Co Ltd to build a US$6 million plant to produce plastic painted autoparts (1.2 million pcs/year) in KIIC Industrial Estate, Karawang, West Java.
4) Indonesia Nippon Steel Pipe: A JV between Siam Nippon Steel Pipe Co Ltd (Thailand) and Toshiba Industry Co. Ltd (Japan) to produce automotive component in Indotasei Industrial Estate, Karawang, West Java with US$18.75 million investment.
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Data from Investment Coordinating Board shown the following new investments from Japanese companies in the automotive sector:
1) TSC Manufacturing: A joint venture between PT Takagi Sari Multi Utama, Sumitomo Shoji Chemicals Co Ltd, and Takagi Seiko Corporation to build a US$6.6 million automotive plastic component (800,000 pcs/year) in Delta Silicon Industrial Park, Bekasi, West Java.
2) Mikuni Indonesia: A JV between Mikuni (Thailand) Co Ltd and Mikuni Corporation to invest US$4 million in a secondary air valve and carburator plant in EJIP Industrial Estate, West Java.
3) Sankei Indonesia: A JV between Mr Hiroshi Tokoro and Sankei Co Ltd to build a US$6 million plant to produce plastic painted autoparts (1.2 million pcs/year) in KIIC Industrial Estate, Karawang, West Java.
4) Indonesia Nippon Steel Pipe: A JV between Siam Nippon Steel Pipe Co Ltd (Thailand) and Toshiba Industry Co. Ltd (Japan) to produce automotive component in Indotasei Industrial Estate, Karawang, West Java with US$18.75 million investment.
Labels: Automotive, Sumitomo
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posted by yosef at 11:39 AM
1 Comments:
automotive: Beyond to the Japanese it would be interesting to understand how much invest the Chinese
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