Indonesia says Suzuki, Mitsubishi to increase autos investments as Covid-19 numbers getting smaller and total now at 1.41 million

An Indonesian soldier reacts while receiving a dose of China's Sinovac Biotech vaccine for the coronavirus disease (Covid-19), during a mass vaccination program at a sport hall in Jakarta, Indonesia, March 10, 2021. - Reuters

JAKARTA, March 12 (Reuters): Japanese automakers Suzuki Motor Corp and Mitsubishi Motors Corp plan to increase their investments in Indonesia over the next four years in the manufacturing of hybrid models, an Indonesian minister said.

Suzuki will raise its investment in Indonesia by 1.2 trillion rupiah (US$83.36 million) to develop mild hybrid vehicles, Indonesia's industry minister Agus Gumiwang Kartasasmita, said on Thursday in Japan, where he is meeting automakers and government officials.