Cheap Credit And Poor Public Transport Fuel Motorcycle Boom

Affordable financing and underinvestment in public transport, particularly in the capital Jakarta, have been cited as factors behind Indonesia's thriving motorcycle segment, which BMI expects to grow an annual average of 14% over the next five years. According to official statistics, there were 8.09mn motorcycles registered in Jakarta in May, which is just short of the city's 8.5mn population. Based on BMI's forecast for this year, a total of 1.36mn could be added by the end of the

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