JAKARTA (Yosefardi) – PT Fukurawa Indomobil Battery Manufacturing (FIBM), partnered with PT Central Sole Agency, will build battery factory in Purwakarta, West Java, which costs US$20 million, Bisnis.com reported.
Fukurawa has built battery factory in Thailand, and intends to strengthen its presence in Southeast Asia region.
Its production capacity in Thailand reaches 5.5 million tons per year, having market shares of 33%.
Fukurawa’s products are now competing with its peers such as GS Astra, Panasonic, Yuasa, and Hitachi.