The strategy of creating companies using products received by the CKD methodology was rejected by most South East Asian nations in the 1960s, although some economists view the great performance of the 1970s and 1980s as a consequence of this line of conduct.
In order to reject this type of industrial policy, many South East Asian countries like Vietnam, the Philippines, Malaysia and Korea, maintained very high customs barriers and a strategy that consisted in offering subsidies and financial aid to invest in industries that could create assets for export, and in trying not to devalue the local currency.
This focus on exports made it possible to create competitive industries.
Iveco was present in the countries mentioned above, and now no longer sends kits of loose parts according to the CKD methodology.
