Wuling to Build Factory in Indonesia
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Chinese-bases automotive company PT SAIC General Motor Wuling (SGMW) is preparing investment of US$700 million or around RP9.7 trillion to open up business in Indonesia.
PT SGMW Motor Indonesia President Feiyun said the company is building its first factory in Indonesia. The factory is located in Greenland International Industrial Center, Cikarang, West Java, and is built on land of 600,000 square meters.
“Besides factory, the company will also build supplier park,” said Xu Feiyun on Thursday, January 28, 2016.
The factory is scheduled to begin the operation in 2017 and will become production basis to expand the company’s business to ASEAN countries. The first product that will be launched is multi-purposes vehicle (MPV). “We are optimistic that the people of Indonesian can accept our products,” said Feiyun.
The factory is also planned to produce 150,000 vehicles per year so that Indonesia will become the main export basis of Wuling vehicles in Southeast Asia. Through this project, SGMW is expected to create 3,000 job fields.
PT SGMW Motor Indonesia is a part of global expansion of SAIC, General Motors and Wuling Automobile in China. “We will utilize capital, technology and system from stakeholders, SAIC, General Motors and Wuling to give the best services,” said Xu Feiyun.
Questions & Answers
Q.What is the total investment Wuling is making in Indonesia?
What is the total investment Wuling is making in Indonesia?
Wuling is investing US$700 million, which is equivalent to approximately RP9.7 trillion. This investment is for opening their business and building their first factory and supplier park in Indonesia.
Q.Where will Wuling's new factory be located?
Where will Wuling's new factory be located?
The new factory will be located in the Greenland International Industrial Center, Cikarang, West Java. It is being built on a large plot of land, covering 600,000 square meters.
Q.When is the new factory expected to start operating?
When is the new factory expected to start operating?
The factory is scheduled to begin its operation in 2017. It will then serve as a production base for Wuling to expand its business into other ASEAN countries.
Q.What is the planned production capacity of the factory and its role in exports?
What is the planned production capacity of the factory and its role in exports?
The factory is planned to produce 150,000 vehicles per year. This high capacity means Indonesia will become the main export basis for Wuling vehicles across Southeast Asia.