Ministry Seeks to Export 400,000 Vehicles

Translator

Ririe Ranggasari

Editor

Petir Garda Bhwana

Rabu, 13 Februari 2019 10:40 WIB

TEMPO.CO, Jakarta - Industry Minister Airlangga Hartarto is targeting vehicles export to reach 400,000 units this year. The target is 14.8 percent higher than last year's 364,000 units.

He added that of the 400,000 units export target, 95 percent is expected to take the form of completely built up (CBU), and the rest as completely knock-down (CKD)according to importers' demand.

"This year we expect 400,000 units exported. But if we have new policies prepared, we hope the number would be higher," Airlangga said in Jakarta, Tuesday, February 12.

He added that there are several policy packages that the government will issue, "related to electric cars as well as research and development (R&D)."

In 2018, the minister said, vehicle exports volume was 364,000 units—comprising of 264,000 CBU and 82,000CKD. The value amounted to US$6.6 billion in total.

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