Renault is investigating the possibility of setting up a production plant in Indonesia to make vans.
The French group is reported to have approached the country’s government to provide a list of incentives for the investment.
Renault is looking to build a plant with a capacity of 50,000–200,000 vehicles a year, Bisnis Indonesia, a local newspaper, reported today. It cited Muhammad Lutfi, the head of Indonesia’s investment board.
“He (Ghosn) plans to sign the commitment for investment by September during President Susilo Bambang Yudhoyono’s visit to the country (France),” Lutfi was reported saying.
Renault spokesmen in France did not immediately return messages left seeking comment.
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