Nagoya Japan Investors Invited to Invest in Automotive Industry

By : Ridwan And Aldi Firhand. A | Sunday, October 22 2017 - 19:26 IWST

Menperin Airlangga Hartarto Cooperate with Nagoya Investors Enter Indonesia (Public Relation)
Menperin Airlangga Hartarto Cooperate with Nagoya Investors Enter Indonesia (Public Relation)

INDUSTRY.co.id -Jakarta- The Minister of Industry of Airlangga Hartarto invited investors from Nagoya, Japan, to work together to invest in Indonesia at the Indonesia Investment & Business Forum (IIBF) event in Nagoya.


Nagoya is the largest investor from Japan in Indonesia, there are about 100 companies in the country. Moreover, this city is a manufacturing center in Japan. For that, we want to establish long investment cooperation with the investors of Nagoya, Airlangga said through his statement received in Jakarta, Sunday (22/10/2017)

According to him, Japan has been a strategic partner for Indonesia. Japan-Indonesia transactions in the second quarter of 2017 reached 14.8 billion US dollars or an increase of five percent over the same period in 2016.

Meanwhile, this year, Japan's total investment in Indonesia reached 17 billion US dollars with the main sectors are the automotive industry, electronics, and food and beverages.

In front of hundreds of Japanese businessmen, the minister said Indonesia as one of the G20 countries whose economy is able to grow five percent in the last four years, and is expected to skyrocket over five percent in the next two to three years. Indonesia is also a country getting investment grade accreditation from various international institutions, he said.

Furthermore, Indonesia's other strength is as the largest market in Southeast Asia or controls up to 50 percent of the total ASEAN countries with a value of 1 trillion US dollars and the population of 240 million people.

This good potential, according to Airlangga, is very good for business cooperation.

Nagoya is a cluster of major manufacturing industries in Japan, primarily for the automotive and component sectors. We see large companies such as Toyota and Mitsubishi have committed to contribute investment in Indonesia in various industries and also related to the development cooperation center of innovation, he explained.

Airlangga asserted, the manufacturing industry is not new in Indonesia, because it is one of the countries whose industrial contribution to the GDP of more than 20 percent. Based on data on contribution to GDP, Indonesia ranks fourth after South Korea (29 percent), China (27 percent), Germany (23 percent). Therefore, Indonesia is set to become the Top 15 manufacturing world.

News Comment

Today's Industry

SUNeVision Initiates MEGA IDC Phase Two Development

Jumat, 28 Maret 2025 - 22:21 WIB

SUNeVision Initiates MEGA IDC Phase Two Development

SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O. As Hong Kong's largest data centre…

 PT Metrodata Electronics Tbk (“MTDL”)

Jumat, 28 Maret 2025 - 22:07 WIB

TDL Records New Revenue Record of IDR 25 Trillion in 2024 Ahead of 50th Anniversary

PT Metrodata Electronics Tbk (MTDL), the largest technology Company with the most complete IT and telecommunications products in Indonesia, managed to record a revenue of IDR 25 trillion in…

Wireless Logic

Jumat, 28 Maret 2025 - 22:00 WIB

Wireless Logic Selected By Thales As IoT Connectivity Partner

Wireless Logic, a global leader in IoT connectivity solutions has been selected by Thales, a global leader in advanced eSIM technologies, to enable secure, scalable and resilient IoT connectivity…

Microvista Expands International Presence with Mobile CT System ScanExpress

Jumat, 28 Maret 2025 - 21:53 WIB

Microvista Expands International Presence with Mobile CT System ScanExpress

The German specialist in industrial computed tomography and non-destructive testing, Microvista, announces the European expansion of its innovative mobile CT system, ScanExpress. The system…

Pekerja Industri Tekstil

Jumat, 28 Maret 2025 - 21:44 WIB

Turning Loss into Profit, INOV Optimistic in Maintaining Positive Performance this Year

PT Inocycle Technology Group Tbk (INOV:IJ) Indonesia's leading and largest PET waste recycling Company managed to book sales of IDR 629 Billion in 2024, an increase of 4.8% compared to the previous…