Indonesia automotive industryThe automotive business has grow to be 1 of the central pillars of Indonesia’s manufacturing sector, with global corporations investing heavily to take benefit of powerful growth in Southeast Asia’s most significant economy. The ASEAN Financial Community (AEC), a single marketplace and production region to be implemented by 2015, will intensify regional trade and open up opportunities for exporters. Whether Indonesia will become a crucial hub for the regional auto market depends to a massive extent on the sophistication of domestic assembly and component production as well as on vital infrastructure, notably the capacity and efficiency of the TanjungPriok port. The overburdened export terminal is at the moment undergoing a lengthy-term expansion programme, but there are issues that the upgrade is not ambitious adequate (See Indonesia’s Logistics Sector ). Yet another concern is the Indonesian labour industry, which in 2012 saw excessive increases in minimum wages and sudden … READ MORE ...