Jakarta (ANTARA News/Asia Pulse) - Japanese automotive company Suzuki (TSE:7269) plans to relocate its motorcycle plant from Thailand to Indonesia in 2010, citing the huge market as one of its reasons.

"Suzuki originally wanted to develop (the motorcycle industry) in Thailand but it later decided to switch to Indonesia," PT Suzuki Indomobil Motor (SIM) President Director Yoshiji Terada said on Wednesday.

The other reasons behind the company's plan to relocate the plant were that Indonesia had large oil/gas, non-oil/non-gas potentials and high demand for transportation means, he said. In addition to meeting domestic needs, PT SIM also exports its products to the Philippines.


Source:
Business in Asia Today - Nov 12, 2009
published by http://www.asiapulse.com

Editor:
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