PT VKTR Teknologi Mobilitas (VKTR), a subsidiary of the Bakrie Group, has commenced the construction of Indonesia’s first Completely Knock Down (CKD) electric bus and truck facility.
The development is carried out by VKTR’s subsidiary, PT VKTR Sakti Industries (VKTS), in collaboration with vehicle body manufacturer Karoseri Tri Sakti. The groundbreaking ceremony took place in Magelang, Central Java on Tuesday, February 27, 2024.
Anindya N Bakrie, President Director of Bakrie & Brothers, stated that the establishment of the electric vehicle (EV) facility reflects Bakrie Group’s commitment to achieving total decarbonization by 2024.
“We are optimistic about the future of Indonesia’s sustainable and electrification industries, which continue to grow,” Anindya said in a statement released by VKTR on Tuesday.
Gilarsi W. Setijono, CEO of VKTR,said the construction of the VKTS facility involved collaboration with Bakrie Construction and Automotive Engineering Corp from Sinomach Group. Sinomach Group has a distinguished portfolio in the global electric vehicle brand.
“This VKTS facility will become the center for technology transfer processes and research and development related to EV,” Setijono added.
The construction of this facility requires an investment of IDR 300 billion. VKTR will contribute IDR 200 billion for building facilities and technology, while Karoseri Tri Sakti will provide an investment in land and buildings valued at IDR 100 billion.
The VKTS facility aims to produce a combined total of 3,000 units of buses and trucks annually. It is expected to create job opportunities for up to 100 people by the end of 2024.
The groundbreaking event was attended by Minister of Transportation Budi Karya Sumadi, Acting Governor of Central Java Nana Sudjana, Acting Regent of Magelang Sepyo Achanto, and the Director General of Metal, Machinery, Transportation Equipment, and Electronics Industry (ILMATE) at the Ministry of Industry, Taufik Bawazier.
