Geely to invest $30 million in Indonesia
Published: 25 Jun 2009 23:02:01 PSTChinese carmaker Geely Holdings Group plans to invest some $30 million to set up distribution and marketing networks for its cars sold in Indonesia.
Geely Holdings said through its Indonesian units PT Geely Mobil Indonesia it hopes to gain a substantial share of car market in the country.
Geely would assemble 400 units of cars at PT Gaya Motor this year, 125 of them will be exported to China.
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