ID :
51082
Wed, 03/18/2009 - 09:59
Auther :
Shortlink :
https://www.oananews.org//node/51082
The shortlink copeid
UTILIZATION OF MOTORCYCLE INDUSTRY IN INDONESIA ONLY 58 PCT THIS YEAR
Jakarta, March 17 (ANTARA) - General Chairman of the Association of Indonesian Motorcycle Producers (AISI) Gunadi Sindhuwinata said the utilization of the motorcycle industry in Indonesia reached only 58 percent this year.
"In 2008 the utilization of production capacity reached 84 percent with 6.3 million units. In 2009, we predicted the utilization would drop 30 to 40 percent," Gunadi told a seminar on 2009 business perspectives in Jakarta Tuesday.
He said considering the GDP (gross domestic product) in this country reaching 1,600 US dollars per capita per year, or Rp1.5 million per month, it would be difficult for the ordinary citizen to buy a motorcycle on credit basis.
"There is nothing left of the money of people to buy a motorcycle on credit basis in the wake of the fuel oil price hikes," Gunadi.
He hoped besides a fiscal stimulus, the government also needs to consider a monetary stimulus. Besides tax cuts and deferred import duty and value added tax, the government also needs to consider bank interest rates.
"The government needs to pay attention to the BI Rate and bank interest rates, because these two factors may affect the purchasing power of the people".
He said right now Indonesia has 16 motorcycle assembling plants, 236 support industries, and 8,005 dealers or motorcycle repair shops. With an investment reaching seven billion US dollars, this sector would absorb 308 thousand workers.
He also said that the motorcycle industries in Indonesia has an installed capacity of producing 7.5 million units, bringing Indonesia as the biggest player in ASEAN,and the third in the world after China and India.
"In 2008 the utilization of production capacity reached 84 percent with 6.3 million units. In 2009, we predicted the utilization would drop 30 to 40 percent," Gunadi told a seminar on 2009 business perspectives in Jakarta Tuesday.
He said considering the GDP (gross domestic product) in this country reaching 1,600 US dollars per capita per year, or Rp1.5 million per month, it would be difficult for the ordinary citizen to buy a motorcycle on credit basis.
"There is nothing left of the money of people to buy a motorcycle on credit basis in the wake of the fuel oil price hikes," Gunadi.
He hoped besides a fiscal stimulus, the government also needs to consider a monetary stimulus. Besides tax cuts and deferred import duty and value added tax, the government also needs to consider bank interest rates.
"The government needs to pay attention to the BI Rate and bank interest rates, because these two factors may affect the purchasing power of the people".
He said right now Indonesia has 16 motorcycle assembling plants, 236 support industries, and 8,005 dealers or motorcycle repair shops. With an investment reaching seven billion US dollars, this sector would absorb 308 thousand workers.
He also said that the motorcycle industries in Indonesia has an installed capacity of producing 7.5 million units, bringing Indonesia as the biggest player in ASEAN,and the third in the world after China and India.
