China-India "two countries, two parks" to promote 16 major projects

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Indonesia and China signMemorandums of understanding for investment in 16 major projectsThe total amount ofUS$2.19 billion (about 36.4 trillion rupiah)** As a member of the Two Countries Twin Parks (TCTP).Part of a cooperative mechanism aimed atDeepening industrial collaboration between the two countries**. The agreement was signed byMinister of Economic IntegrationexistChina Chamber of Commerce Indonesia (CCCI) 20th Anniversary Celebrationannounced on. The 16 projects were developed by theFujian Provincecompanies with Indonesian partners, covering a wide range ofStrategic areasThe

TCTPIt was co-sponsored by President Prabowo and the Prime Minister of China.New Industry Cooperation ModelIndonesia is not onlyInvestment destinationsThe more will be done in theSupply Chain and Industrial DownstreamingrealizeThe role of partnersThe The economies of the two countries are close20 trillion dollarsand all of them remain aboutStable growth of 5% provides a solid foundation for bilateral trade and investment expansionThis close relationship has brought businesses from both countrieswide range of opportunitiesThe

The twin parks will be constructed intriangularConducted: Central JavaBatang Industrial Zone(classified asspecial economic zone), SemarangWegayakusuma Industrial Estateas well asBintan Industrial Estate.. Batang is positioned asBoth capital- and labor-intensive(used form a nominal expression)Competitive industrial baseSixteen projects are scheduled forLaunched in 2026, covering key national priority areas, including:Steel and nickel exports,Food Processing and Marine Economy,Integrated fisheries,Solar energy and energy storage systems,Coal and Industrial Raw Materials Supply Chain,Indonesia-China Artificial Intelligence R&D,Industrial technology and equipmentas well asNew Energy Industry Chain and Park DevelopmentThe

He expects these programs to benew growth enginedrivestart a careerand sustained and inclusive strengthening of nationalindustrial structure. He also commended CCCI for facilitating the creation of about600 Chinese companiesEntering into a number of strategic industries in Indonesia and contributing to the bilateral economic relations.essential contributionThe

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