Japan confirms strong commitment to invest in Indonesia (3)

Japan's top automaker, Toyota Motor Corporation, for example, has reaffirmed its commitment to Indonesia by investing up to 13 trillion rupiah (about 1.35 billion US dollars) within the next five years for a range of expansion activities in Southeast Asia' s biggest automobile market.

This significant investment has pushed the country's spare parts and component makers to set up manufacturing facilities in areas near the production sites of the major automotive makers.

Investment in spare parts and components manufacturing is estimated to reach 2.4 billion US dollars this year, according to statistics from the Industry Ministry.

During the January-September period this year, Japan poured around 1.8 billion US dollars in investment into Indonesia, making it the second top investor after Singapore.

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