Daikin to build $220m AC factory in Indonesia
JAPAN: Daikin is to invest $220m in a new residential air conditioner factory near the Indonesian capital, Jakarta.
The new plant at the Greenland International Industrial Center (GIIC) is part of a JPY100bn ($711m) investment Daikin plans in Southeast Asia and India over the next four years, according to the Nikkei Asia.
The Indonesian plant is planned to start operations in December 2024, producing 1.5 million residential R32 air conditioners per year.
According to Daikin, the new factory will employ the latest advanced technologies, including IoT and AI, in line with the initiatives for Industry 4.0 instituted by the Indonesian government.
Daikin Industries has been operating in Indonesia for 52 years. During this time, it has worked in cooperation with local company PT Imora Makmur to build a nationwide sales and after sales service network in Indonesia along with market creation for air conditioners.
Future plans call for the new factory to play a role not only in the domestic market but also to serve as an export base for the ASEAN region. With this aim to supply products worldwide.