Indonesia targets 1.6 million cars produced this year
Indonesia is aiming to manufacture 1.6 million cars this year, higher than the 1.5 million units recorded in 2022, according to the country's Ministry of Industry.
Jakarta (VNA) - Indonesia is aiming to manufacture 1.6 millioncars this year, higher than the 1.5 million units recorded in 2022, accordingto the country's Ministry of Industry.
Dodiet Prasetyo, a ministry official, said at a discussion entitled"Step on the Gas to Reach 2 Million Cars Target” on February 23 thatalthough there is still uncertainty that greatly affects industry developmentin the future, the Indonesian government is pushing the industry to expand theexport market.
So far, at least 400,000 of the 1.5 million cars produced in2022 have been exported, mainly to other ASEAN countries.
The ministry is also aiming to boost car production to morethan 2 million by 2030./.
Coordinating Minister for Economic Affairs, Airlangga Hartarto said that the Indonesian Government has set a goal to attract 1,650 trillion IDR (over 108 billion USD) in investment in 2024.
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Illustrative image (Photo: Asdafnews) 
