KONTAN.CO.ID - JAKARTA. Coordinating Maritime Affairs Minister Luhut Panjaitan has said senior executives of South Korean car maker Hyundai Motor will meet several ministers later this month to discuss the company’s plan to develop a US$1billion car factory in Indonesia. He said the Hyundai representatives wanted to seek information about the procedures to arrange licenses and about a regulation on the development of electric vehicles, which is being finalized. “They will come here soon to learn more about the permit procedure. I will also invite other related ministries to the meeting,” Luhut said at a recent media briefing, adding that Hyundai planned to construct their factories in West Java’s Bekasi, Karawang and Purwakarta integrated economic and industry zone (KEIT).
Hyundai to finalize US$ 1 billion car factory plan, senior minister says
KONTAN.CO.ID - JAKARTA. Coordinating Maritime Affairs Minister Luhut Panjaitan has said senior executives of South Korean car maker Hyundai Motor will meet several ministers later this month to discuss the company’s plan to develop a US$1billion car factory in Indonesia. He said the Hyundai representatives wanted to seek information about the procedures to arrange licenses and about a regulation on the development of electric vehicles, which is being finalized. “They will come here soon to learn more about the permit procedure. I will also invite other related ministries to the meeting,” Luhut said at a recent media briefing, adding that Hyundai planned to construct their factories in West Java’s Bekasi, Karawang and Purwakarta integrated economic and industry zone (KEIT).