Indonesia, which is finally beginning to realise its huge economic potential, is setting its eyes on becoming a major player in the automotive market as global automakers and supporting industries step up their investments.
Given the sheer size of its population, it was inevitable that Indonesia would one day overtake Thailand, as it did last year, as Southeast Asia’s largest domestic market for automobiles by unit sales. Whether it can also supplant Thailand as the automotive production and export hub of Asean remains an open question.
“We believe that every country has its own potential. However, being the largest manufacturing base depends on readiness and seriousness of all parties in the automotive industry, such as the availability of adequate infrastructure, raw materials, local suppliers, and so forth,” said Irwan Priyantoko, chief for external affairs of PT Toyota Motor Manufacturing Indonesia.
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