Thursday, November 12, 2009

Suzuki to relocate motorcycle plant from Thailand to Indonesia

For full story please visit the original source: Antara News

Japanese automotive company Suzuki 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 (motorcycle industry) in Thailand but it later decided to switch to Indonesia," PT Suzuki Indomobil Motor (SIM) President Director Yoshiji Terada said.

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.

Previously, Terada said the company would raise its investment in Indonesia by US$50 million to increase its production capacity by 40 percent next year.

PT SIM would also launch at least seven new types of motorcycles, including those of skutic type. But most of the new products would be underbone and backbone motorcycles, he said.