Tue, 21-May-2013
GM steers back into Indonesia
Published: Aug 17, 2011
Indonesia - PT General Motors Indonesia will be reopening its Pondok Ungu manufacturing plant in Bekasi, West Java, on the back of improved global economic conditions after its closure in early 2005.
The subsidiary of General Motors will be investing US$150 million in an 11-hectare plant slated to start producing vehicles in 2013 and create 800 new jobs, according to GM Southeast Asia's operations president Martin Apfel.
The plant is expected to be an important part of GM's growth strategy in Southeast Asia, with the plan to manufacture 7-seat MPVs due to its growing segment in the country.
Meanwhile, president director of GM Indonesia Marcos Purty said the assembly process would involve more than 40% of local content.
The Pondok Ungu manufacturing plant first opened in the 1990s, Reuters reported.
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