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Panasonic Prepare to U.S. $ 100 Million to Increase Capacity

PT Panasonic Gobel Indonesia Energy allocated funds amounting to U.S. $ 100 million to increase the capacity of its factories this year.

“We have developed a refrigerator factory, television, batteries, washing machines that already exist. Value of about U.S. $ 100 million and that funding () comes from the Japanese capital,” said Commissioner of PT Panasonic Gobel Energy of Indonesia, Rachmat Gobel at Hotel Grand Hyatt, Jakarta

According to Rachmat, this time these plants are under construction. The plan is the battery factory that was built in Cibitung, Bekasi, can be completed in October 2010. This is the lithium battery plant expansion factory in Indonesia with an investment of U.S. $ 60 million, which the plant becomes the company’s largest production base.

“The factory was extended battery life. So the factory was moved from Japan to Indonesia,” he said.

While for the expansion of three plants from other factories are television, refrigerator and washing machine located in Cibubur completion is scheduled for this year and next year. He expects the increase in production capacity can increase exports to the $ s 300-400 million over the next four years.

“We are trying to export production and preformance levels next four years,” he said.

For this year, the company has targeted sales growth of 20-30 percent compared to the year 2009. The increase was spurred largely on exports.

“During our exports than domestic sales Inika” he said.

On the same occasion, Rachmat also hope the government can maintain the domestic market in the country. The government must prevent the entry of smuggled goods and the existence of counterfeit products, the establishment of
SNI and control the import licensing agents.

“The domestic market is an important incentive to raise the ground water industry

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