Investment in Indonesia's Automotive Sector: Nissan's New Plant
Nissan Motor Indonesia (NMI), the Indonesia-based local unit of Japanese multinational automobile manufacturer Nissan Motor Company Ltd, started construction of a new engine and transmission parts plant in Purwakarta (West Java). The plant, which will be constructed at NMI's existing facilities in Purwakarta, covers 3,000 of square meters in size and requires an investment of around IDR 435 billion (approx. USD $33.2 million). The plant is designed to have a production capacity of 96,000 units per year.