Article: BUSINESS IN ASIA TODAY - MAY 12, 2009.

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 ...

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