Google AI
The Times Australia

Times Media

Vinfast Signs Agreement to Develop Transportation Infrastructure in Indonesia

SUBANG, INDONESIA - Media OutReach Newswire - 29 January 2026 - VinFast Indonesia announced a strategic cooperation agreement with the Subang Regency Government and a key infrastructure partner to develop an interchange on the vital toll road connecting Cikampek and Palimanan (Cipali Toll Road).

This milestone marks a significant step in VinFast's long-term development strategy, reinforcing local transportation and industrial infrastructure while generating positive socio-economic impact in the Indonesian market.

VinFast’s factory in Subang, Indonesia, was brought into operation in just 17 months, underscoring VinFast’s strong execution capability and long-term commitment to sustainable development in Indonesia.
VinFast’s factory in Subang, Indonesia, was brought into operation in just 17 months, underscoring VinFast’s strong execution capability and long-term commitment to sustainable development in Indonesia.

Under the agreement, VinFast Indonesia will act as the strategic investor and fully finance the project. The parties aim to enhance transportation infrastructure without placing additional pressure on the local government budget, while accelerating project implementation and optimizing logistics costs to ensure the interchange becomes operational at the earliest possible stage.

Specifically, on January 14, 2026, VinFast Indonesia, the Subang Regency Government, and PT Lintas Marga Sedaya (PT LMS) - the operator of the Cipali Toll Road - signed a joint agreement for the construction, operation, and maintenance of the Manyingsal Interchange at Km 115+500 on the Cipali Toll Road.

VinFast Indonesia will fully finance all project-related expenditures, encompassing master planning, feasibility studies, permitting, construction, and ancillary costs, while working in close coordination with the Subang Regency Government to secure approvals from Indonesia's Ministry of Public Works.

The Subang Regency Government will serve as the central coordinating authority, directly overseeing and processing all licensing procedures, including permits for the use of toll road space. It will designate specialized entities to implement the project, coordinate the completion of technical documentation, detailed design, and environmental impact assessments through to official project approval and operational licensing, and conduct periodic monthly supervision and evaluations.

In its capacity as the toll road operator, PT LMS will collaborate in developing technical cooperation programs within its mandate, while actively engaging in discussions and reaching agreement on detailed operation and maintenance plans under supplementary agreements.

On December 15, 2025, the project received in-principle approval from Indonesia's Ministry of Public Works. Accordingly, the maximum project completion timeline is three years from the date of permit issuance. Upon completion of construction and receipt of the Operational Feasibility Certificate (SLFO), all land and interchange assets will be transferred by the Subang Regency Government to the Ministry of Public Works for management in accordance with state asset regulations.

Mr. Pham Sanh Chau, CEO of VinFast Asia, commented: "In every market we enter, we are committed to building enduring partnerships that generate shared prosperity. We do not view infrastructure as a peripheral investment, but as a foundational catalyst for sustainable socio-economic advancement. Our commitment to Indonesia is long-term and holistic, working alongside government and communities to strengthen competitiveness, create employment, and elevate quality of life. 'Move people ahead, bring the nation forward' is the principle that anchors our strategy and guides our actions across the region."

The agreement not only underscores VinFast's long-term investment commitment to Indonesia's automotive sector, but also reaffirms the Company's proactive role in partnering with local authorities to advance strategic infrastructure development.

Strengthening transportation infrastructure is expected to enhance logistics efficiency, improve Subang's economic competitiveness, and generate sustainable growth momentum for the broader region. At the same time, the project is anticipated to create thousands of new employment opportunities, making a meaningful contribution to Indonesia's ongoing industrialization and modernization efforts.

In under two years since entering Indonesia, VinFast has inaugurated its Subang facility, introduced a diversified electric vehicle portfolio, and rapidly expanded its ecosystem, from dealership and aftersales networks to a nationwide charging infrastructure developed in partnership with global charging network developer V-Green, as well as strategic alliances with leading banks and financial institutions.

Through bold policy frameworks and an integrated ecosystem strategy, VinFast is accelerating Indonesia's green mobility transition and consolidating its position as a transformative force in the region's sustainable transportation landscape.

Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

Read more: Vinfast Signs Agreement to Develop Transportation Infrastructure in Indonesia

More Articles …

  1. Axis Quant AI Introduces Intelligent Algorithmic Trading to the Crypto Market via API Integration
  2. Launch of IGNITE Thailand: unlocking the next generation of professional women leaders in Thailand, powered by Kearney and Egon Zehnder
  3. Central Yards Edible Art Fair debuts in Hong Kong: Adding a brand new, first-of-its-kind event to the rich cultural calendar of Hong Kong this March
  4. C Capital Acquires 507 Hectares of Landholding in Australia
  5. SKG Unveils Integrated Cloud Logistics Ecosystem in Hong Kong, Aligning with Global Financial & Logistics Hub Strategy
  6. YesAsia Holdings Expects Revenue and Net Profit Growth for 2025
  7. Founders Metals Consolidates over 100,000 ha Gold District in Suriname
  8. Aurastone Announces Malaysia Expansion With New Johor Fabrication Hub and Design Showroom
  9. Experience Elevated Luxury at The Ritz-Carlton, Hong Kong
  10. TUMI Unveils The Next Generation Of The Tumi Alpha Collection With Campaigns Starring Lando Norris And Wei Daxun
  11. Leading with Excellence, Honored with Distinction | Ming Tak Financial (MTF) Clinches "Most Growth-Potential Broker 2025" at the 2026 Golden Honor Awards
  12. Mobile Legends: Bang Bang charts global ambitions with five-region esports overhaul, M8 World Championship breaks ground in Türkiye and Thailand
  13. MemeStrategy Debuts Museum-Quality "Grade10 Vault" for Pro Trading Card Collectors
  14. KPMG: Tech executives double down on AI, talent, and adaptive strategies to lead in the Intelligence Age
  15. Henkel kicks off its anniversary year 2026
  16. The Jollibee Group Announces Continued Momentum in Coffee and Tea and Chinese Cuisine Segments
  17. Taikang Asset (HK) launches its first HKD and USD Money Market ETFs
  18. Premier International Ophthalmology Congress, APAO 2026, to be Held in Hong Kong this February
  19. HKCERT Releases "Hong Kong Cybersecurity Outlook 2026" Security Incidents Hit Record High with 27% Annual Increase
  20. IET’s First International Conference on Digital Twins and Applications Concludes at Hong Kong PolyU, Highlighting the Transformative Power of Digital Twin Technology
  21. Asian Financial Forum concludes successfully in Hong Kong, gathering over 4,000 global business leaders and officials
  22. Citi Enriches Private Market Offerings for Citigold Private Clients in Collaboration with Blackstone, Blue Owl and KKR
  23. GalaxyArt Shines with the Macau Debut Exhibition of Copper Art Maestro Zhu Bingren
  24. UnionPay Enables 25 International Wallets to Support Weixin Pay QR Code in China’ Mainland
  25. M8 World Championship breaks ground in Türkiye as Mobile Legends: Bang Bang charts global ambitions with five-region esports overhaul
  26. Beyond Range, The VF 8 and VinFast's Formula for Long-Distance Electric Endurance
  27. Fuel Incorporation Announces Global Expansion into International Oil Brokerage and Bunkering
  28. Speed Recognised with BrandLaureate DigiTech BestBrand Award for Advancing Digital Procurement Excellence
  29. AIA Hong Kong Continues to Lead the Market in Number of New Business Policies
  30. Dachser highlights 2026 air and sea freight market outlook and Supply Chain Optimization
  31. AsiaInfo and ABB Robotics Launch "Embodied Intelligence Laboratory"
  32. ST Telemedia Global Data Centres Launches Southeast Asia’s First HVDC-Powered AI Infrastructure Testbed
  33. Southco Expands Southeast Asia Footprint With Chon Buri Facility Opening
  34. AsiaPac and AsiaPay Forge Strategic Partnership to Launch a Unified "Marketing-plus-Payment" Growth Engine for Asia
  35. SMU Launches Resilient Workforces Institute to Strengthen Singapore’s Workforce in the Age of AI
  36. Immuno Cure Kicks off Phase I Clinical Study of Therapeutic DNA Vaccine for HIV in Hong Kong
  37. Focus Graphite Announces Allowance of Canadian Patent for Silicon-Enhanced Graphite Anode Materials
  38. UABBHK 2025 Concludes with a Civic Performance in the Age of AI
  39. Railtown AI Technologies Launches Railengine, a Real-Time Event-Based Ingestion Engine to Power Next-Generation AI Agents
  40. Hong Kong Techathon+ 10th Anniversary Finale and Inaugural Global University Innovation Network (GUIN) Forum Successfully Held
  41. Vinfast and Autobrains announce Strategic Partnership on Developing Autonomous Driving Technology and Affordable Robo-Car
  42. ONYX Hospitality Group Signs Agreement to Manage Shama Hub Ladprao
  43. Asian Financial Forum in Hong Kong spotlights golden opportunities
  44. EasySMX Launches S10 Lite: The Top Budget Switch 2 Controller with Native Support & 9-Axis Precision
  45. McFIT "The Original" Launches International Franchising – One of Europe’s Most Recognized Fitness Brands Enters a New Era
  46. TUMI Celebrates Grand Opening of First China Flagship Store at Shanghai Centre
  47. Jollibee Group Opens First Multi-Brand State-of-the-Art Commissary in Cebu, Gearing for Accelerated VisMin and PH Growth
  48. TAT activates Thailand Co-creator journeys to amplify Trusted Thailand in short-haul markets
  49. Connecting China and Europe: DHL’s TRUCKAIR offers speed and cost efficiency
  50. Johnson Electric reports Business and Unaudited Financial Information for the Third Quarter of Financial Year 25/26

Times Magazine

Australia’s AI Productivity Push Needs a Manager Audit

Australia’s business use of artificial intelligence has accelerated quickly. The Australian Bureau...

MIST raises $3.5 million to advance financial technology supporting Australia’s international students

Australian student fintech MIST has secured a $3.5 million investment from DoxAI, providing fresh ...

Using AI to Do Your Investment Taxes? Sharesight Says Think Again

The Australian Taxation Office (ATO) has issued a fresh warning this tax season against relying on...

Technology

Australia’s AI Productivity Push Ne…

Australia’s business use of artificial intelligence has accelerated quickly. The Australian Bureau...

Local News

Psychology clinic in Tasmania opens…

In response to Tasmania’s growing mental health crisis, a new purpose-built, multi-disciplinary me...

Culture

Australia’s AI Productivity Push Needs a Mana…

Australia’s business use of artificial intelligence has accelerated quickly. The Australian Bureau...

Travel

Cairns Esplanade Lagoon — the stage where Cai…

“All the world's a stage.” Shakespeare wasn't writing about Cairns when he penned that famous lin...

The Times Features

Cairns Esplanade Lagoon — the stage where Cairns comes …

“All the world's a stage.” Shakespeare wasn't writing about Cairns when he penned that famous lin...

Food Hygiene at Home: Simple Habits That Can Prevent a …

Preparing meals at home is one of life's pleasures, but even the cleanest kitchens can become a so...

Junction Arts Festival Returns to Transform Launceston …

Launceston will once again become a platform for bold art, performance, music and shared experienc...