Akebono, Astra Otoparts establish brake parts JV in Vietnam
Companies invest around USD1.68m; production by June 2012
Indonesian auto parts producer PT Astra Otoparts and Japan's Akebono Brake have set up a 50:50 joint venture (JV) in Vietnam, with a JPY130m (USD1.68m, 15 November 2011) investment, Astra Otoparts Director Robby Sani said on Friday (11 November), reports Dow Jones.
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