Japanese carmaker Toyota Motor Corp (TMC) will add a further Rp 1.3 trillion (US$141 million) to its investment in Indonesia this year, in order to increase its production capacity to 230,000 vehicles by 2013.
"TMC has already agreed to add 50,000 vehicles more to the annual production capacity in Indonesia," PT Toyota Astra Motor (TAM) president director Johnny Darmawan said on Tuesday as quoted by Antara news agency.
TMC president director Akio Toyoda had previously said in 2011 that the company would increase the production capacity of its manufacturing arm PT Toyota Motor Manufacturing Indonesia (TMMIN) from 110,000 vehicles to 180,000 vehicles per year, with an investment of around Rp 2.8 trillion.
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