Indonesian President Joko Widodo has checkedout Vietnamese carmanufacturer VinFast’s factory and stated that he would develop the essential conditions for the international to be able to develop a plant and invest in Indonesia rapidly
ByHAU DINH Associated Press and ANIRUDDHA GHOSAL Associated Press
January 13, 2024, 4: 25 AM
In this image launched by VinFast, Indonesian President Joko Widodo, center ideal, speaks with Vingroup Chairman and VinFast Global CEO Pham Nhat Vuong, center left, after goingto VinFast EV production complex in Hai Phong, Vietnam on Saturday, Jan. 13,2024 (VinFast through AP)
The Associated Press
HANOI, Vietnam — Indonesian President Joko Widodo wentto Vietnamese carmanufacturer VinFast’s factory on Saturday and stated that he would produce the needed conditions for the international to be able to construct a plant and invest in Indonesia rapidly.
On a journey to the stretching factory in the port city of Haiphong in northern Vietnam, Widodo likewise sat behind the wheel of a VinFast electrical vehicle before covering up his three-day checkout to Vietnam.
The Vietnamese EV maker has stated it will invest $1.2 billion in Indonesia and develop a factory with the prospective to make up to 50,000 automobiles every year. Green SM, an EV taxi operator that is primarily owned by VinFast’s creator, likewise revealed an financialinvestment strategy of $900 million in Indonesia. It had earlier signed an contract with Indonesian innovation business PT GoTo Gojek Tokopedia Tbk, the owner of Gojek transport serv