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Mitsubishi launches full-scale operations at new Indonesian subsidiary
PT Mitsubishi Heavy Industries Indonesia is capitalized at Rp 5 billion.
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The logo of Mitsubishi Heavy Industries is seen at the company's Sagamihara plant in Sagamihara, Japan, July 4, 2016. (Reuters/Maki Shiraki)
T
okyo-based diversified manufacturer Mitsubishi Heavy Industries (MHI) has launched full-scale operations at a newly established subsidiary in Indonesia, which will also act as liaison office for the MHI Group in the country.
The new subsidiary, named PT Mitsubishi Heavy Industries Indonesia, is capitalized at Rp 5 billion (US$318,770) from MHI and Singapore-based MHI Asia Pacific, according to the group’s press statement released Wednesday.
“The establishment of PT Mitsubishi Heavy Industries Indonesia enables MHI Group to get closer to our customers and the market in Indonesia,” MHI Group’s executive vice president Yoshiyuki Hanasawa said, as quoted in the release.
“We hope to broaden the network built by our Jakarta liaison office and look forward to strengthening our relationships with our stakeholders in the country.”
MHI’s Jakarta liaison office was established in 1984 to provide operational support and product sales for the group, which manufactures a wide range of industrial machinery and products, from commercial aviation and power plants to defense systems, among others.
The group has appointed MHI Nuclear Energy Systems Marketing’s project director Shinji Kobayashi as the subsidiary’s president director. MHI Indonesia will ramp up MHI Group products, technologies and services.
