Constrained Cost, Production Car Esemka Stunted

SOLO - The lack of fresh funds owned by PT Solo Creative Manufacturing (CMS) to make the process of car assembly Esemka various variants become obstructed.

In order to continue the assembly process Esemka various variants in the car repair shop owned by PT Solo Creative Manufacturing (SMK), requiring approximately 100 billion fresh funds.

Director of Marketing, who also doubles as the Public Relations of PT SMK Patient Budi said the amount of funds required in order to produce cars Esemka, make it seeks additional funding to attract a number of local investors.

"Funds are needed at this time, around Rp100 billion. Yeah, we do need fresh funds to optimize the assembly process Esemka in Solo," Sabar said Budi, Director of Marketing, who also doubles as the Public Relations of PT SMK, told reporters, in Solo, Java middle, Friday (04/12/2013).

Currently, funds in the garage car assembly Esemka PT SMK approximately 30-40 percent of cooperatives supported by the SMK, which consists of 580 small and medium scale cooperatives.

Added Patience, the cost of assembling a domestically made cars like this Esemka does require substantial funding. This, because the price of components such as engine parts and car body part still imported overseas.

"One unit of the car, usually requires assembly and finishing costs around Rp135 million. Yet again, the car tax and operating cost of about 5 percent," he explained. While waiting for investors who are really interested to invest in PT SMK, "he explained.

Two concepts of cooperation, added Patience, had prepared it. The first is a joint venture with revenue sharing approximately 30 percent for PT SMK then rest for investors.

Second, cooperation with local entrepreneurs, could be established premises using the concept of soft loans like banks with SME.

For the loans, he said, until now there are 20 investors who are interested in cooperation with PT SMK.

"And the joint venture, there are investors from Semarang and Jakarta are engaged in manufacturing components and manufacturing. We are now looking into, which is the most appropriate funding applied for car assembly in PT SMK," he explained.

Asked about his readiness to accept orders 8,000 cars out of the city, he claimed pessimistic can be done at once.

PT SMK claims will send the car Esemka Bima orders worth Rp90 million to Dumai, Cilegon and Kediri. Time delivery, no later than the end of this month.