Indonesia Exports Double-decker Buses to Bangladesh

Central Java-based bus assembling company CV Laksana has exported 10 double-decker buses to Bangladesh after exporting about 200 executive buses to Bangladesh, Fiji and Timor Leste last year, The Jakarta Post reported.

Central Java Governor Ganjar Pranowo and Semarang Regent Mudjirin took part in a ceremony to mark the shipment of the buses, held at the company’s factory in Semarang, Central Java, on Friday.

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

According to Mi’raj News Agency, the export of 10 double-deck buses cost a total transaction value of $ 808 thousand or around Rp 11.4 billion.

“These buses are a realization with Bangladesh to increase economic cooperation. We also have an FTA process (Free Trade Agreement) hopefully it can be agreed latest on 2020,“ Indonesian Minister of Foreign Affairs, Retno L.P Marsudi said last year.

Export was one of the ways to accelerate economic growth in Indonesia, especially in Central Java where the economic growth is targeted to reach 7 percent by 2023.

According to the Central Java office of Statistics Indonesia (BPS), Central Java’s economy grew 5.41 percent in 2019, a slight improvement from the 5.31 percent recorded in 2018 and slightly better than Indonesia’s economic growth of 5.02 percent last year.