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Toyota Considers Exporting from Indonesia to Australia; Minister Says

Translator

Ririe Ranggasari

Editor

Laila Afifa

12 March 2021 16:01 WIB

TEMPO.CO, Jakarta - Indonesia's Industry Minister, Agus Gumiwang Kartasasmita, encouraged Japan's Toyota Motor Corporation (TMC) to export vehicles from Indonesia to Australia. TMC may do so by producing in Indonesia the vehicles that Australia needs.

"We want to open Toyota's export market to Australia, and [Toyota] is considering it," Agus said when joining a press conference of the Japan Automobile Manufacturing Association (JAMA) on Thursday, March 11.

Agus Gumiwang was in Japan on March 10 and 11 on the invite of major players in the automotive industry that operate in Indonesia.

The minister said that the Indonesian government would draft regulations related to licensing vehicle exports to Australia within the framework of the Indonesia-Australia Comprehensive Economic Partnership (IA-CEPA).

He also said that TMC is committed to adding new export destination countries, from the current 80 countries to 100 by 2024.

Meanwhile, Toyota said that its plans to increase investment in Indonesia has not changed. The company will invest US$2 billion until 2024.

Read: Toyota Invests Billions for the Development of Electric Vehicles in Indonesia

ANTARA

ToyotaExportAustraliaAutomotive IndustryIA CEPA


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