Mitsubishi has recently inaugurated a new manufacturing plant in Indonesia following a $565 million investment in a state-of-the-art facility that will employ 3,000 workers and produce 160,000 units a year at full capacity.
The plant, located in the new GIIC Industrial Estate in Bekasi Prefecture, was completed following a two-year construction project backed by Mitsubishi Motors Krama Yudha Indonesia (MMKI).
The manufacturing plant will begin producing Mitsubishi's popular sports utility vehicle, the Pajero Sport, which will be followed by an all-new seven-seater multi-purpose vehicle (MPV) and the Colt L300 light commercial vehicle.
The opening of the Bekasi plant forms part of Mitsubishi's expansion strategy in the ASEAN region, where it also assembles vehicles in Thailand and the Philippines. The company's growth plan is supported by Nissan, which acquired a 34% stake in the automotive group in 2016 when Mitsubishi became a member, of the global Renault-Nissan Alliance.
Demand in Indonesia, which has the fourth largest population in the world with more than 260 million people, is expected to grow faster than the overall economy. Motor vehicle ownership in Indonesia, at 78 per 1,000 people, lags China and is less than half that in regional neighbor Thailand.
Mitsubishi's expansion in Indonesia follows investment in additional capacity in Thailand and the Philippines in recent years, capitalizing on the long-term development of the ASEAN region.
Mitsubishi is expected to contribute its expertise in SUVs, pickup trucks and the ASEAN market to the global Renault-Nissan Alliance. With the addition of Mitsubishi, the alliance has become the world's third largest automotive group with sales of about 10 million units a year.
The plant, located in the new GIIC Industrial Estate in Bekasi Prefecture, was completed following a two-year construction project backed by Mitsubishi Motors Krama Yudha Indonesia (MMKI).
The manufacturing plant will begin producing Mitsubishi's popular sports utility vehicle, the Pajero Sport, which will be followed by an all-new seven-seater multi-purpose vehicle (MPV) and the Colt L300 light commercial vehicle.
The opening of the Bekasi plant forms part of Mitsubishi's expansion strategy in the ASEAN region, where it also assembles vehicles in Thailand and the Philippines. The company's growth plan is supported by Nissan, which acquired a 34% stake in the automotive group in 2016 when Mitsubishi became a member, of the global Renault-Nissan Alliance.
Demand in Indonesia, which has the fourth largest population in the world with more than 260 million people, is expected to grow faster than the overall economy. Motor vehicle ownership in Indonesia, at 78 per 1,000 people, lags China and is less than half that in regional neighbor Thailand.
Mitsubishi's expansion in Indonesia follows investment in additional capacity in Thailand and the Philippines in recent years, capitalizing on the long-term development of the ASEAN region.
Mitsubishi is expected to contribute its expertise in SUVs, pickup trucks and the ASEAN market to the global Renault-Nissan Alliance. With the addition of Mitsubishi, the alliance has become the world's third largest automotive group with sales of about 10 million units a year.
