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Jakarta Post
The Jakarta Post
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Toyota to spend Rp 5.5t for RI expansion

  • Linda Yulisman

    The Jakarta Post

Jakarta | Wed, September 14 2011 | 08:00 am

PREMIUM Toyota Motor Corporation will invest an additional Rp 5.5 trillion (US$638 million) in Indonesia to build a new plant and expand distribution networks in the country, a minister says.

Industry Minister M.S. Hidayat said on Tuesday that the plant would be located in Karawang, West Java, and require a Rp 2.9 trillion investment, Rp 1.7 trillion of which was announced earlier this year.