Indonesia Offers Toyota Incentives to Shift Production Hub From Thailand

Tempo08-05 08:09

TEMPO.CO, Jakarta - Indonesia may offer incentives to Toyota Motor Corp. if the Japanese automaker relocates its main vehicle production hub from Thailand to Indonesia, Finance Minister Purbaya Yudhi ...

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We will provide all required incentives,\" Sadewa said on Tuesday, August 4, 2026.","collect":0,"end_time":0,"defaultTopTitle":"tempo.co","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","ISRVF":"IShares Plc.","BK4588":"碎股","BK4131":"航空货运与物流","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","BK4604":"机器人概念","BK4555":"新能源车","IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","BK4099":"汽车制造商","HUBG":"Hub Group Inc","03160":"华夏日股对冲","IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","TM":"丰田汽车"},"translate_title":"印度尼西亚为丰田提供激励措施，将生产中心从泰国转移","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HUBG":1.5,"TM":1.5,"ISRVF":1.5,"03160":0.6},"content_text":"TEMPO.CO, Jakarta - Indonesia may offer incentives to Toyota Motor Corp. if the Japanese automaker relocates its main vehicle production hub from Thailand to Indonesia, Finance Minister Purbaya Yudhi Sadewa said.The move would support Indonesia's ambition to become a global automotive manufacturing base while strengthening domestic supply chains, he said at the 2026 Gaikindo Indonesia International Auto Show in Tangerang, Banten.\n\"We will support Toyota, but they must bring their main manufacturing operations from Thailand to Indonesia. We will provide all required incentives,\" Sadewa said on Tuesday, August 4, 2026.\n\n\n\n\n\n\n\n\n\nThe minister also urged Toyota to move its supporting industries to Indonesia, noting that many materials and components used by local automakers remain imported.Steel, electronics and chemical products are among key inputs that Indonesia still sources from overseas, he said.\"If you bring your supporting industries here, we will provide sufficient, or even greater, incentives,\" Sadewa added.Indonesia's automotive industry currently employs about 1.5 million workers and produces around 2.5 million vehicles annually, according to the minister.Sadewa said the government would improve the investment climate and prepare incentives for automotive companies willing to relocate production facilities.\"Perhaps we previously did not provide enough incentives to foreign investors, or our investment climate was not mature enough. We will seriously improve it,\" he said.Separately, Sadewa said President Prabowo Subianto would soon announce incentives for around 500,000 electric motorcycles and cars within the next two to three weeks.The incentives will include a luxury goods sales tax exemption of up to 100 percent and a 40 percent government-borne value-added tax reduction for vehicles meeting certain requirements.The measures will apply only to battery electric vehicles (BEVs), while hybrid and plug-in hybrid electric vehicles (PHEVs) will not qualify, Sadewa said.\"There will also be a slight difference in incentives between nickel-based and lithium-based battery EVs,\" he said, adding that President Prabowo would announce the final details.The government aims to accelerate electric vehicle adoption while attracting investment in Indonesia's automotive ecosystem through targeted fiscal support, Sadewa said.Read: Why Purbaya Wants Toyota to Move Its Thai Factory to IndonesiaClick here to get the latest news updates from Tempo on Google News","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2657595070","isCrawlerRequest":true}