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View all search resultsNo discriminatory incentives for national car: industry official
The government says it will not provide incentives that are discriminatory in nature for the so-called national car, set to be developed by Malaysia's carmaker Proton and Indonesia's PT Adiperkasa Citra Lestari
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T
he government says it will not provide incentives that are discriminatory in nature for the so-called national car, set to be developed by Malaysia's carmaker Proton and Indonesia's PT Adiperkasa Citra Lestari.
Industry Ministry acting director general for high-technology priority industry Panggah Susanto said in Jakarta on Tuesday that Indonesia had learned from its past national car program, which had been rejected by the World Trade Organization (WTO) as discriminatory to foreign car makers as it enjoyed exemption from import duties and luxury taxes on imported vehicles and components.
"We may give incentives, but not that are discriminatory, as such measures will be troubled," he told reporters at his office.
Panggah further said that so far, his office had not received any reports from Adiperkasa about its car project.
Normally, an automaker applies for a business permit with the Investment Coordinating Board (BKPM) after first finishing a feasibility study. Then, the company requests for a type-examination and an import registration number if it still sources the car and car components overseas.
Proton and Adiperkasa, chaired by AM Hendropriyono, the former State Intelligence Agency (BIN) chief, signed an agreement to conduct a feasibility study for the joint car project last week in Malaysia. (nfo)(++++)
