"The factory is spread over 120 hectares of land. The company plans to produce 50 thousand vehicles per year, with the investment reaching Rp4 trillion," he informed at the Presidential Palace Complex in Jakarta on Tuesday.
According to the minister, the investment commitment was conveyed directly by Vinfast during a meeting with President Prabowo Subianto.
Vinfast plans to start constructing the factory shortly after Ramadan, Roeslani said.
The construction work is expected to be completed next year, and will be followed by vehicle production. He informed that the factory will produce several types of vehicles.
"There will be several types, with prices ranging from Rp200 million (US$12 thousand) to Rp 600 million (US$35 thousand)," he said.
So far, preparations for the factory's construction have run smoothly. Roeslani said that the government will support and accelerate the construction process so that the investment made can immediately have an impact on the surrounding community.
Earlier on Monday, he informed that Indonesia is one of two countries targeted by VinFast for manufacturing cars, with the products intended for export.
Besides the initial investment commitment, which will be realized through the construction of the electric car factory, the company has also expressed interest in several other investment opportunities in Indonesia's energy sector, the minister added.
Vinfast has conveyed its desire to invest in solar power plants (PLTS) in West Nusa Tenggara and wind power plants (PLTB) in Sulawesi.
It also plans to gradually build 30 thousand–100 thousand public electric vehicle charging stations (SPKLUs) in several parts of Indonesia, especially in Java.
Roeslani said that the investment for building 100 thousand SPKLUs is likely to touch US$1 billion.
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Translator: Livia Kristianti/Mentari Dwi, Resinta S
Editor: Azis Kurmala
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