Ride-sharer Grab to invest $700M in “Grab 4 Indonesia” 2020 master plan
Green Car Congress
FEBRUARY 3, 2017
Grab, the leading ride-hailing platform in Southeast Asia, launched its “Grab 4 Indonesia” 2020 master plan, endorsed by Badan Koordinasi Penanaman Modal (BKPM), the Government of Indonesia’s Investment Coordinating Board. Under the plan, Grab will invest US$700 million in Indonesia over the next four years to support Indonesia’s goal of becoming Southeast Asia’s largest digital economy by 2020. Indonesia is Grab’s largest market in Southeast Asia.