Bangladesh business

Central Java company exports double-decker buses to Bangladesh – business

Suherdjoko (The Jakarta Post)

Semarang ●
Mon 24 February 2020

2020-02-24
14:17
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7f440ff09e92db75a02bbad20663d08e
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Business
Indonesia, automobile, CV-Laksana, bus, exports, Bangladesh, East Timor, Fiji, Philippines, Thailand
To free

Java-based CV Laksana bus assembly company exported 10 double-decker buses to Bangladesh after exporting around 200 executive buses to Fiji and Timor Leste last year.

Central Java Governor Ganjar Pranowo and Semarang Mudjirin regent on Friday attended a ceremony to mark the dispatch of the buses, held at the company’s factory in Semarang, central Java.

“What’s exciting is that these [buses] will be exported. With a new design created by one of our own, these buses have already been exported to several countries, ”said Ganjar.

Laksana, which exported around 200 executive and double-decker buses to Fiji and Timor-Leste in 2019, plans to export similar buses to the Philippines and Thailand as well.

The government’s incentive to offer tax exemptions for imported materials for products intended for export (KITE) – which exempt these materials from the value added tax (VAT), the tax on luxury goods ( PPnBM) and excise duties – has significantly helped companies like Laksana export their products overseas, Ganjar said, adding that these incentives made his company’s buses more competitive in countries like Bangladesh, Fiji and Timor Leste.

“The process of obtaining [incentives] is faster; it took an hour [and] and everything has been done.

Ganjar said he was happy that the central government’s initiative to provide incentives was helpful to local businesses.

“I want the President and Minister of Finance to know that here in Central Java we have already taken advantage of the incentives given by the government. We have already appreciated the benefits; He’s one of them. “

Ganjar stressed that the government will fully support the development of enterprises, especially those that focus on exports, adding that it will help market Central Java products to other countries.

“I’ll help you. I can call ambassadors from potential countries to help market these products. [products] are exemplary, grandiose and no less competitive than other foreign products.

He added that in his opinion the reason for his support was that exporting was one of the means to accelerate Central Java’s economic growth, especially since he had targeted the Central Java economy. to increase by 7% by 2023.

According to the Java Central Bureau of Statistics Indonesia (BPS), Central Java’s economy grew 5.41% in 2019, a slight improvement from the 5.31% recorded in 2018 and slightly above the economic growth of Indonesia by 5.02% last year. (ydp)


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