Jakarta (ANTARA) – Indonesia’s automotive industry has the opportunity to grow bigger in 2030 in line with the increase in gross domestic product (GDP), according to an official from the Coordinating Ministry for Maritime Affairs and Investment.
The ministry’s Deputy for Infrastructure and Transportation Coordination, Rachmat Kaimuddin, noted in a statement here on Friday that based on the World Population Review data, with a GDP per capita of US$5,000, Indonesia’s car ownership ratio is still relatively low.
Currently, Indonesia’s car ownership ratio stands at 82 units per 1,000…
