Regulations

In an attempt to urge the Japanese auto giant to set up its regional hub in Indonesia, the finance minister has indicated the government’s readiness to offer a slew of incentives across related sectors, from steel to financial services.

Imported Toyota cars are parked on a dock on Wednesday after they were unloaded from a cargo vessel at the DaChan Bay Terminals in Shenzhen, China. (Reuters/-)

Finance Minister Purbaya Yudhi Sadewa has offered incentives to Toyota in an attempt to lure the Japanese automotive giant to relocate its regional manufacturing hub from Thailand to Indonesia.“We will support Toyota. But bring your main manufacturing activities from Thailand to Indonesia,” he said on Tuesday while visiting the Gaikindo Indonesia International Auto Show (GIIAS) 2026 in Tangerang, Banten, as quoted by Kompas.com.

Indonesia, as Southeast Asia’s largest car market, was well-positioned to become Toyota’s main production base in the region, Purbaya noted.