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Article: BUSINESS IN ASIA TODAY - MAY 12, 2009.
- Article from:
- AsiaPulse News
- Article date:
- May 12, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business in Asia on May 12, 2009. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
VOLKSWAGEN TO BUILD US$140 MLN AUTO PLANT IN WEST JAVA
JAKARTA - German car maker Volkswagen AG (VW) will build a new car factory in West Java with an investment of US$140 million in 2012,
an official said. The factory will have an annual production capacity of around 55,000 units, Transport Equipment and Telecommunication and Informatics Industry Director General Budi Darmadi said. VW wants to make Indonesia its production base for Asean and Australian ...