INDONESIA: President Prabowo Subianto’s Younger Brother Hashim Djojohadikusumo Recently Revealed Japanese Automotive GIant Toyota’s intention to make Indonesia its manufacturing hub for the company to serve the Global South market. The carmaker’s local arm Toyota Motor Manufacturing Indonesia already has five factories in North Jakarta’s Sunter and West Java’s Karawang. Each plant even boasts an annual capacity of hundreds of thousands of units meant for both the domestic and export markets. Speaking in a forum full of Indonesian businessmen, Hashim admitted to having spoken with the company’s representatives not long ago. Based on that discussion, Toyota is considering making its Indonesia-based factories the production base for the Global South market, according to Hashim. “Toyota says they want to make Indonesia a manufacturing hub for the Global South,.” Toyota Indonesia exports to 80 countries. They are even exporting to Mexico,” Hashim said at the Indonesia Economic Summit in Jakarta on Wednesday. “They want to do more with Mexico. So what do they need? They need a free trade agreement with Mexico. That’s where I come in. I can help companies that need free trade agreements with other countries,” Hashim told the conference. Automotive association Gaikindo’s data shows that Toyota Indonesia had shipped 276,089 units of domestically produced cars overseas throughout last year. Read more at: https://jakartaglobe.id/business/toyota-eyes-making-indonesia-manufacturing-hub-for-global-south-hashim
