BYD invests 16 trillion rupiah to build plant in West Java, Indonesia

BYD, a Chinese car brand specializing in pure electric vehicles (BEVs), announced that it will build a factory in Indonesia, which will be located in Subang, West Java. In order to build this factory, the investment amounted to Rp 16 trillion. The finalization of the project emerged after PT BYD Motor Indonesia (BYD) signed a cooperation agreement with PT Suryabuat Swadaya, the developer of the Subang Smartpolitan Industrial Zone. Through multiple evaluations, BYD concluded that Subang Smartpolitan Industrial Estate is the best location for BYD to develop its electric vehicle industry in Indonesia. The industrial zone meets the criteria in terms of size, distance, environment and infrastructure, so the completed facilities will be able to contribute to the development of Indonesia's automotive industry and the transition to clean energy, as well as support the country's economy, especially in the neighboring regions. They have full confidence in these facilities. In terms of investment value, the company has prepared a large budget to tap into the Indonesian automotive market. The budget includes a research and development center as well as training facilities using the latest energy-saving and environmentally friendly technologies. However, they were unable to disclose the groundbreaking date for the Indonesian plant, which is currently targeting a manufacturing capacity of 150,000 units per year, and aiming for a total investment of more than $1 billion in Indonesia.

The Subang Smart City Industrial Estate is integrated with various national strategic infrastructures. The site is easily accessible via the Cikopo-Palimanan (Cipali) Toll Road at KM 89, which is also currently under development. In addition to this, the area is also close to the Patimban Toll Road, which directly connects to the Patimban Port, the Kertajati International Airport, and the Trans Java Toll Road, which connects to Jakarta, Bandung, and other cities in West and Central Java.Subang Smartpolitan, an integrated urban area of industrial and commercial districts in Indonesia, welcomed the partnership and supported BYD's efforts in Indonesia. Subang Smartpolitan, an integrated industrial and commercial district in Indonesia, welcomes the partnership and supports BYD's initiatives to encourage sustainable transportation in Indonesia and Southeast Asia. BYD's presence in Subang Smartpolitan is very welcome locally. it proves that the infrastructure in this industrial area is suitable to support the creation of an electric vehicle ecosystem built by BYD, which will also contribute to the country's development. BYD's electric vehicle production facility will be built in the Subang Smartpolitan II area, particularly in the northern part of the area. With a comprehensive and integrated EV ecosystem plan, BYD will use the largest land area of more than 108 hectares. The next step after the signing of the agreement between the two parties is the handover of the land, which will take place in August 2024. BYD is planning to gradually develop the operation, which is expected to start in January 2026.