Japan confirms strong commitment to invest in Indonesia (2)

"We will prepare an area of 3,000 hectares in Karawang that will serve as a center for the automotive and electronics industries," Hidayat said.

Apart from that, the government planned to build a new seaport, the location of which it was yet to specify, to cater for the increasing need to transport goods as requested by Japanese firms, Hidayat added.

Several Japanese firms, like JGC, are also looking into possibilities to form joint ventures with local firms to set up a stronger presence in the country, according to Hidayat.

Indonesia's automotive boom in the past year has attracted global automotive firms, mostly Japanese firms, to pour in more investment in a bid to tap further into the country's fast- growing four-wheel and two-wheel markets, which this year are estimated to hit 1.1 million cars and 7 million motorcycles respectively, the Jakarta Post reported.

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