The government is working on a policy to promote low-cost environmentally-friendly cars.
The “low-cost and green car” policy will be issued in the form of a government regulation, Coordinating Economic Ministry industry and trade chief Edy Putra Irawady said in Jakarta on Wednesday.
“We will continue to deliberate [on the draft regulation] and streamline it with existing programs and policies next week. Hopefully the regulation can be issued in April,” Edy said, as quoted by kompas.com.
Among points to be deliberated, he said, were fiscal and luxury goods sales tax incentives that would likely be provided for the cars to boost their competitiveness in the market.
Reportedly a number of automobile manufacturers had already expressed their interest in the plan.
