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Making a factory in Indonesia highly profitable

Jakarta

The Indonesian government continues to persuade US electric car maker Tesla to invest in Indonesia. In fact, Tesla is said to be building an electric car factory in Indonesia.

Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan is confident that Tesla will invest in Indonesia. Furthermore, Luhut promised Tesla that if he built a factory in Indonesia, he would surely make a profit.

“Our market is big. Where are you fighting us. We are the middle class of 60 million (people), our population is 280 million (people), how many of you are in Thailand. So our market size is already more great. So we have to be a little arrogant like that and confident,” Luhut said at an event broadcast on PermataBank’s Youtube channel quoted on Wednesday (11/30/2022).

He said Indonesia’s car exports could also increase. This is Indonesia’s capital to seduce investors.

“Furthermore, Indonesia’s auto exports will also be able to increase. So if you build a factory here – I told Tesla – if you build a factory here, you will definitely increase. There is nothing that will not increase”. Luhut said.

“But I still have an NDA (non-disclosure agreement) with them, I can’t tell you ladies and gentlemen what we will finalize with them. But I’m sure, haqqul sure, they will definitely come to us,” Luhut said…

Previously, Tesla was said to be building a factory in the Batang area of ​​Central Java. Until now, the government is still in discussions with Tesla about building a factory in Indonesia.

From the Indonesian delegation meeting at the Tesla Electric Vehicle Assembly Plant in Austin, Texas on April 26. Kemenko Marves and the Tesla team appointed by Elon Musk continue to negotiate intensely to formulate various issues regarding the details of the investment formula to be used. However, the final investment decision will rest with the American electric car company.

Watch a videoTesla asks to invest in Indonesia, Luhut: Eits…Later
[Gambas:Video 20detik]
(rgr/your)

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