14 Aug 69

Indonesia's "finance minister" asked Toyota "to move its base from" Thailand "to" Indonesia. "It will provide Toyota with the incentives it needs.

Purbaya Yudhi Sadeva, the Minister of Finance, asked "Toyota to move its manufacturing base from Thailand to Indonesia, following in the footsteps of Hyundai companies that have already done the same.

Mr. Purbaya made this statement during a speech at the "Gaikindo Indonesia" International Auto Show (GIIAS) 2026, held at the Indonesia Convention and Exhibition Center on Tuesday, August 4.

Indonesia has improved its domestic investment environment, including improving licensing processes in various ministries and government agencies, which believe the move has successfully attracted global investors such as Hyundai, which has already built manufacturing facilities in Indonesia.

"We will support Toyota as well, but ask to move the entire manufacturing base from Thailand to Indonesia," he said.

Mr. Purbaya also said that the government would provide Toyota with the incentives it wanted if the company was willing to build a car factory in Indonesia.

"In the future, if you start investing here, I will give you a lot of motivation. We are the largest country in ASEAN. Why is the center in Thailand?"

Purbaya says the Indonesian government sees the manufacturing industry as the most important contributor to the country's economy, saying the number of Indonesians working in the auto industry has increased by 1.5 million.

It also believes the industry has a lasting impact on other sectors, from steel, electronics and chemicals to logistics and finance.

According to "Gaikindo," sales of Toyota and Lexus vehicles in Indonesia, in the first half of 2026, were 134,520 vehicles, which accounted for 30.8% of car sales in all in the first half of the year, which was 436,567 vehicles.