Toyota plans $1.8 billion Indonesia investment in next 5 years - Indonesian govt

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JAKARTA : Japanese carmaker Toyota Motor Corp plans to invest 27.1 trillion rupiah ($1.8 billion) in Indonesia in the next five years to produce electric vehicles, Indonesia's economics ministry said on Wednesday.Indonesia's chief economic minister Airlangga Hartarto met with Toyota's Vice Chairman Shiger

JAKARTA : Japanese carmaker Toyota Motor Corp plans to invest 27.1 trillion rupiah in Indonesia in the next five years to produce electric vehicles, Indonesia's economics ministry said on Wednesday.

Indonesia's chief economic minister Airlangga Hartarto met with Toyota's Vice Chairman Shigeru Hayakawa on Tuesday in Tokyo, the ministry said in a statement. Toyota could not immediately be contacted for comment.

 

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