During an official state visit to Indonesia, prime minister Tun Dr Mahathir Mohamad hinted at the possibility of reviving the Malaysia-Indonesia ASEAN car project

In the near future, Indonesia and Malaysia will establish bilateral G to G cooperation to make ASEAN cars. Chairman of the Indonesian Automotive Institute Made Dana M Tangkas explained, this collaboration will optimize production items from two countries. ASEAN cars are vehicles whose production components come from ASEAN countries. This is based on the human population in ASEAN has reached 600 million people with a potential market for car sales of 4 million each year. For this reason, Indonesia collaborated with Malaysia to build cars that will be marketed in the Asian region.

Malaysian Minister of International Trade and Industry Darell Leiking (second left) together with the Director General of International Industrial Access Resilience and Development (KPAII) of the Ministry of Industry, I Gusti Putu Suryawirawan (second right) witnessed the exchange of Memorandum of Agreement (MoA) signed by the President of the Indonesian Automotive Institute (IOI) I Made Dana Tangkas (right) and CEO of Malaysia Automotive Institute (MAI) Dato Mohamad Madani Sahari (left) in Jakarta, August 10, 2018.

With this collaboration, Malaysia and Indonesia can transfer technology to business transfers. Made said, to realize this, the Indonesian component industry will establish a joint venture with the Malaysian component industry. Later, this joint venture is to develop component products needed by the two countries’ automotive industry.

In addition, the joint venture will be deepened by conducting research and development to produce automotive products needed by countries in ASEAN.
To date, there are three component industries from Indonesia that are ready to establish joint ventures with component industries from Malaysia.
“Two of the members of PIKKO (Association of Small-Medium Automotive Components Industries), one other outside PIKKO,” said Made.

Also Read: Indonesia’s 24th Satellite Successfully Launched Into Orbit

In addition, the joint venture will be deepened by conducting research and development to produce automotive products needed by countries in ASEAN. Until now, there are three component industries from Indonesia that are ready to establish joint ventures with component industries from Malaysia.
Meanwhile, Malaysia Automotive Institute (MAI) Chief Executive Officer Dato Madani Sahari said that the potential of the two countries’ component industries was very large to collaborate. “If combined can reach 90 percent to meet the component needs in ASEAN. Very large,” Madani said.

ASEAN cars that will be mass produced after bilateral cooperation in the automotive sector between Indonesia and Malaysia

For this reason, the Ministry of Industry’s Director General of Resilience and International Industrial Access Development, I Gusti Putu Suryawirawan, hopes that both of them will be able to create research and development centers for the ASEAN automotive industry. “Thus, there will come together products together. They will identify which component industries are feasible to collaborate,” Putu said.

As additional information, based on data from the ASEAN Automotive Federation, car sales in eight ASEAN countries as a whole in 2017 grew 5% compared to the previous year of 3.168 million units to 3.339 million units. The passenger vehicle segment contributed sales of 2.15 million units or 64.49%, and the remainder were commercial vehicles of 1.186 million units or 35.51%.

Indonesia leads the market as well as the only country with sales figures above 1.079 million units, growing by 2% compared to the previous year’s 1.061 million units.

In the second place, Thailand contributed sales of 871,650 units or grew 13% to 768,788 units.

The third rank was occupied by Malaysia with sales of 576,635 units, down 1% compared to the previous year’s achievement of 580,085 units.

Besides Malaysia, Brunei and Vietnam are countries where car sales have decreased. While the others are growing.

Reference: detik.com
bisnis.com

1 COMMENT

  1. Fantastic goods from you, man. I have bear in mind your stuff prior to and you are simply extremely wonderful. I actually like what you’ve bought here, really like what you’re saying and the way in which in which you say it. You’re making it enjoyable and you continue to care for to keep it sensible. I can’t wait to learn far more from you. This is really a wonderful web site.

LEAVE A REPLY

Please enter your comment!
Please enter your name here