The Kyushu Bureau of Economy, Trade, and Industry estimates that raising annual auto production in Kyushu to 1.5 million units from the current one million units would have a regional economic benefit of 1.14 trillion yen. Additionally, if the part procurement rate for the region were raised to 70% from the current 50%, it would result in a further 370 billion yen benefit. The calculations include the impact of greater population and employment on local real estate and consumption.
Local News
- TOP
- Local News
- 1.14 Trillion Yen in Benefits from Car Production Boost