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Jakarta Post

National car makers may need $100m

  • Mustaqim Adamrah

    The Jakarta Post

Jakarta   /   Wed, August 26 2009   /  10:50 am

Manufacturers of three new national car prototypes might need a combined investment of US$100 million to launch assembly plants to mass produce three future brands — namely  the Tawon, Gea and Arina, the Industry Ministry has forecast.Panggah Susanto, the Industry Ministry director for land and military transportation, said Tuesday  that each of the three national car brand owners would require more than $30 million to build an assembly plant, with a production capacity of 5,000 to 10,000 units per annum.“But the investment required will depend on the factory production scale each producer wants,” he said.He said Gea, Arina and Tawon,  (the latter means “bee” in local dialect) were still at the prototype stage and were yet to announce their launch schedules. “The process [for national cars] to get into consumers’ hands will take a while. Producers, of course,...