CORRECTED-EXCLUSIVE-Indonesian state-run firm to buy 320,000 vehicles for its cooperative programme, CEO says

Reuters
Nov 20, 2025
CORRECTED-EXCLUSIVE-Indonesian state-run firm to buy 320,000 vehicles for its cooperative programme, CEO says

Corrects to show deal is with Mitsubishi Fuso Truck and Bus, not Mitsubishi Motors, in paragraph 3. Removes Reuters Instrument Code of Mitsubishi Motors

By Stefanno Sulaiman

JAKARTA, Nov 20 (Reuters) - Indonesia's state-led Agrinas Pangan Nusantara is in talks with top global automakers to procure 160,000 trucks and as many motorbikes to kick off of a $12 billion programme to build local cooperative markets across the country, the company's CEO Joao Mota told Reuters on Thursday.

The vehicles are a part of President Prabowo Subianto's plan, launched in July, to establish 80,000 cooperatives in a drive to stimulate local businesses.

The previously unreported purchase plan includes a soon-to-be-signed deal to buy 35,000 six-wheeler trucks from local partners of Japanese automakers Mitsubishi Fuso Truck and Bus and Isuzu 7202.T, Joao said in an interview at his office.

"Mitsubishi can provide up to 20,000 units, while Isuzu up to 15,000 (six-wheeler) units," Joao said, adding that 45,000 more trucks might be imported from potential suppliers such as India's Tata Motors TAMO.NS and China's Dongfeng Motor Group 0489.HK.

He said his firm is also in talks with Isuzu, Indian automakers Tata Motors and Mahindra for purchases of 80,000 4x4 vehicles.

(Reporting by Stefanno Sulaiman; Editing by David Stanway)

((Stefanno.Sulaiman@thomsonreuters.com;))

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