General Motors is planning to build a minivan in Indonesia, a country it sees as an export hub at some point in the future, according to the Wall Street Journal.

The newspaper cited an unnamed source close to the company as saying GM would announce plans soon to build a factory near the capital Jakarta, capable of producing 50,000 vehicles a year.

GM has not commented on the story which speculates that the car company plans to make the factory a major production base to allow for cheap export of cars to other southeast Asian countries including the Philippines, Malaysia and Vietnam as the company wants to boost its presence in markets dominated by Japanese car makers.

GM left Indonesia in the mid-2000s when it closed a small assembly plant near Jakarta.