Suzuki to Spend $780 Million to Increase Capacity in Indonesia

Suzuki Motor Corp., the third-biggest carmaker in Indonesia, will spend 60 billion yen ($780 million) to increase capacity in the Southeast Asian nation, including setting up another factory to build engines.

The new plant will help triple engine-making capacity in Indonesia, Suzuki said in an e-mailed statement today. The investment includes 40 billion yen on the engine plant to open in 2014 with the rest spent on auto assembly lines, Hideki Taguchi, a company spokesman, said by telephone. He said the timeframe for the total investment hasn’t been decided.