Fin Komodo Teknologi
Corporate brand
UnclaimedFin Komodo Teknologi is an Indonesian automotive manufacturer known for developing the locally designed Fin Komodo off-road utility vehicle.
Last updated August 31, 2026
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Overview
Fin Komodo Teknologi, commonly abbreviated as PT FKT or FKT, is an Indonesian automotive manufacturer headquartered in Cimahi, West Java. The company was founded in 2004 by Ibnu Susilo, an engineer and former senior figure in Indonesia's aircraft and strategic-technology industries. Before establishing FKT, Susilo held technical and management responsibilities connected with IPTN, later known as Indonesian Aerospace, including work on the N-250 aircraft's design integration, master dimensional definition, and engineering and technology business activities. He also served as an adviser within the government's strategic-industry management structure and was involved in the design of the proposed Maleo national car. Susilo established FKT after the Indonesian government stopped committing to the production of the N-250 aircraft. The company initially concentrated on research, market study, engineering, and vehicle development rather than immediate commercial sales. Market research was conducted in 2005, design work began in 2006, and the first vehicle generation entered production in 2007. Testing of that generation followed in 2008. FKT commercialized the product in 2009 after a period of trials and iterative development. The company's principal product is the Fin Komodo family, a compact off-road or cruiser buggy designed and engineered in Indonesia. The vehicle concept emphasizes utility, maneuverability, and use on difficult terrain rather than the comfort, equipment levels, or road-oriented performance associated with conventional passenger cars. FKT describes the Fin name as derived from “Formulasi Indonesia,” expressing the aim of applying an Indonesian-developed formulation from initial concept and design through after-sales support. “Komodo” refers to the Komodo dragon, an animal endemic to Indonesia, while “Technology” reflects the company's broader ambition to contribute to an Indonesian technology culture. FKT developed successive vehicle generations after its initial model. Improvements were made to the second, third, and fourth generations in 2009, 2010, and 2011 respectively, with a fifth generation later reported as being under development. One identified product variant is the Fin Komodo KD 250 X, which received recognition in the 2020 Indonesia Good Design Selection. The company has positioned its vehicles as examples of local engineering and as a contribution to Indonesia's national automotive and innovation ecosystem. The manufacturer has received recognition from Indonesian business, technology, design, and educational institutions. Awards and acknowledgements mentioned in reference material include a 2010 Marketeers Editors' Choice award for commercialization, a 2011 Technopreneurship Award, a 2012 lifetime-achievement award for Ibnu Susilo, a 2012 Industrial Technology Pioneering Award, a 2017 Bacharuddin Jusuf Habibie Technology Award for Susilo, an award from the Sepuluh Nopember Institute of Technology, and the 2020 Indonesia Good Design Selection Grand Award for the KD 250 X design category. FKT also became involved in public debate over Indonesian automotive policy. In 2013, Susilo, then chairman of the Indonesian national automotive association Asianusa, criticized Government Regulation No. 41/2013. He argued that the regulation treated the Fin Komodo as a luxury vehicle and subjected it to a 60 percent luxury-goods sales tax, reportedly raising its cited price from Rp77 million to Rp123.2 million. At the same time, low-cost green cars received an exemption from that tax, which Susilo viewed as disadvantaging locally developed national-car projects in competition with foreign brands. Available reference material does not establish the company's current production volume, ownership structure, revenue, export footprint, or official website, so those details remain unconfirmed.
History
PT Fin Komodo Teknologi was founded in 2004 by Ibnu Susilo after he left Indonesia's strategic aerospace sector. Susilo had worked at IPTN, the predecessor of Indonesian Aerospace, where his responsibilities included design integration for the N-250 aircraft, management of master dimensional definitions, and senior engineering and technology work. He had also served as an advanced-technology adviser within the government's strategic-industry administration and had participated in the design of the Maleo national-car project. The discontinuation of government commitment to N-250 production helped prompt his move into independent automotive manufacturing. FKT's initial development process was gradual. The company conducted market research in 2005, began vehicle design in 2006, and produced its first generation in 2007. That prototype and early production vehicle were tested in 2008. Commercialization began in 2009 after testing and refinement. The manufacturer then developed successive generations, with the second, third, and fourth generations associated with improvements made in 2009, 2010, and 2011. Reference material also states that a fifth generation was subsequently developed. The resulting Fin Komodo family is a compact off-road utility or cruiser-buggy line. Its intended identity is distinct from that of a conventional family car: the vehicles are presented as practical, maneuverable products for off-road and utility applications, while also representing locally developed Indonesian engineering. The brand's name expresses this identity. “Fin” is described as an abbreviation of “Formulasi Indonesia,” signifying an Indonesian formulation rather than a licensed or copied foreign technology. “Komodo” invokes the Komodo dragon, an animal endemic to Indonesia, and “Technology” represents the company's aspiration to help build a broader Indonesian technology culture. FKT's development work attracted institutional recognition. In 2010, the company received a Marketeers Editors' Choice award associated with commercialization at the Indonesia International Motor Show. It received a technopreneurship award in 2011 and further recognition in 2012, including a technology-pioneering award and a lifetime-achievement award presented to Ibnu Susilo for his work on the Fin Komodo off-road utility vehicle. In 2017, Susilo received the Bacharuddin Jusuf Habibie Technology Award for his contribution as the creator of a locally made off-road car. He also received recognition from the Sepuluh Nopember Institute of Technology. In 2020, the Fin Komodo KD 250 X received the Grand Award in the product-design category at the Indonesia Good Design Selection. The company and its founder were also involved in policy discussions concerning Indonesia's national automotive industry. In 2013, Susilo, acting as chairman of Asianusa, opposed Government Regulation No. 41/2013. The objection centered on the treatment of the Fin Komodo as a luxury vehicle and the resulting 60 percent luxury-goods sales tax. The cited effect was an increase in price from Rp77 million to Rp123.2 million. Susilo argued that the policy disadvantaged national automotive initiatives while exempting low-cost green cars, many of which were associated with foreign manufacturers, from the same tax. The available reference material does not provide reliable current information on FKT's ownership, production scale, exports, workforce, finances, or current leadership beyond its founder.
- 2020
KD 250 X receives design award
[1]The Fin Komodo KD 250 X receives the Indonesia Good Design Selection Grand Award in the product-design category.
- 2017
Habibie Technology Award recognition
[1]Ibnu Susilo receives the Bacharuddin Jusuf Habibie Technology Award for his work creating locally made off-road cars.
- 2013
Regulatory objection over luxury-goods taxation
[1]Ibnu Susilo, as Asianusa chairman, protests the tax treatment of the Fin Komodo under Government Regulation No. 41/2013.
- 2012
Technology and leadership awards
[1]FKT receives the Industrial Technology Pioneering Award, while Ibnu Susilo receives recognition for his innovative leadership and vehicle development.
- 2011
Fourth generation and technopreneurship recognition
[1]The company develops a fourth generation and receives a technopreneurship award in Indonesia's innovation system.
- 2010
Third generation and commercialization recognition
[1]FKT develops a third-generation vehicle and receives a Marketeers Editors' Choice recognition connected with commercialization at the Indonesia International Motor Show.
- 2009
Commercialization and second generation
[1]Fin Komodo vehicles are commercialized, and the company improves the product into a second generation.
- 2008
First-generation testing
[1]The first-generation vehicle undergoes testing before commercial introduction.
- 2007
First-generation production starts
[1]FKT begins production of the first Fin Komodo generation.
- 2006
Vehicle design begins
[1]The company starts formal design work on the vehicle that becomes the Fin Komodo.
Products and positioning
An Indonesian technology-led automotive manufacturer focused on locally engineered compact off-road utility vehicles and national industrial innovation.
Compact off-road utility vehicle · 2009
Fin Komodo family
The Fin Komodo family is FKT's core line of compact off-road and cruiser-buggy vehicles. Developed through multiple generations, it represents the company's attempt to create a locally engineered Indonesian utility vehicle rather than assemble or license an established foreign design. The line emphasizes off-road capability, practical utility, and maneuverability. Reference material identifies first-generation production in 2007, testing in 2008, commercialization in 2009, and further generations developed through at least a fifth-generation concept.
Off-road utility vehicle
Fin Komodo KD 250 X
The KD 250 X is an identified Fin Komodo vehicle variant recognized for its industrial design. It received the Grand Award in the product-design category at the 2020 Indonesia Good Design Selection. The available reference material does not establish a full specification sheet, exact launch date, production volume, or current availability.
Brand decisions
2013
Challenge to national automotive tax treatmentStrategyBackground
Government Regulation No. 41/2013 was viewed by Ibnu Susilo, in his capacity as Asianusa chairman, as harmful to national automotive projects. The Fin Komodo was treated as a luxury vehicle and exposed to a 60 percent luxury-goods sales tax, while low-cost green cars received an exemption.
Action taken
Susilo publicly protested the regulation and argued that the tax treatment undermined locally developed vehicles. The cited price effect was an increase from Rp77 million to Rp123.2 million.
Aftermath
The available source describes the objection and its claimed market impact but does not document a subsequent policy reversal, settlement, or confirmed change in FKT's pricing.
Cited vehicle price. Rp77 million → Rp123.2 million (2013)
Sources1 sources
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