Hyundai factory in RI completed in March 2021, will produce 250,000 units page all

JAKARTA, KOMPAS.com – Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan, factory construction Hyundai The motorbike is targeted for completion in March 2021.

This follows his hopes that electric vehicles can be produced in Indonesia.

“The first question I asked when I saw this car to the President of Hyundai Motor Asia Pacific, was when such a car could actually be produced in Indonesia?“he asked through his personal Instagram account statement, Friday (14/8/2020).

Also read: Hyundai Plant Development in RI Has Reached 22 Percent

“This factory construction project will be completed in March 2021 and after that there will be many manufacturing trials until final production at the end of 2021., “continued Luhut.

If this factory has been built in Indonesia, he said, then Hyundai Motor can produce up to 250,000 electric vehicles per year.

“They also conveyed that their production capacity could be up to 250,000 units per year.“he said.

Luhut ensured, the Hyundai factory which will be completed next year can absorb 3,500 local workers.

“Of course, in running the project electric car This time, Hyundai promised to absorb 3,500 Indonesian workers, “he said.

Also read: There is Corona, Hyundai continues to build a factory in Indonesia

Furthermore, Luhut explained, to produce and realize this project, Hyundai Motors has prepared a land area of ​​77 hectares. This South Korean company has disbursed funds amounting to 1.154 billion US dollars.

“The electric car project in collaboration between Hyundai Motors and the Indonesian government is a realization of the investment commitment signed by President @jokowi last year. In this meeting, I convinced them that Indonesia has one of the largest materials in the world for the manufacture of electric car batteries, “he said.

On the other hand, Indonesia opens up investment opportunities for electric vehicle projects and battery production for domestic and foreign investors.

The government seeks to facilitate tax regulation for investors investing in Indonesia.

“I also want Hyundai to convey to other battery and electric car manufacturers that Indonesia is currently open to investing in big projects like this. In this meeting, we, from the policy side, will immediately finalize tax-related regulations and plans to use special plates for electric cars like this, “said Luhut.

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