Indonesia and LG Strengthen Cooperation on Clean Energy and Electric Vehicles
The Coordinating Minister for Economy received a visit from the Executive Vice President of LG Chem Advanced Materials and his delegation at the office of the Coordinating Minister for Economy, where they discussed the opportunities and challenges in the field of electric vehicles, as well as LG Chem's cooperation and investment in Indonesia...
Geely's rapid growth in the Indonesian market
Geely is actively expanding its business in Indonesia, with three dealerships in Jakarta and Tangerang, and will add outlets in Bogor, Batam and Bandung in the near future, with a mid-year target of 20 dealerships in major cities, and a plan for the end of 2025...
China-India cooperation promotes dual-park project between the two countries
The KEK Industropolis Batang Special Economic Zone (KEK Industropolis Batang) in Central Java province has partnered with China State Construction Group Corporation (CSCEC) to develop an industrial park through the Twin Country Twin Park (TCTP) project. In the Batang Industropolis Economic...
Indonesia's Industry Minister Wants Car Companies to Cut Prices to Boost National Purchasing Power
The Minister of Industry suggested that automakers lower the selling price of their vehicles to increase consumers' purchasing power, and Chinese automaker BAIC said it does not make much profit from selling cars in Indonesia because, in addition to the cost of production, it also has to pay taxes and fees at the initial stage of importation, so...
Indonesia's version of the Shenzhen Plan launched with a 16 trillion dollar capital injection to start 27 enterprises to move in
Heavy news! On March 20, 2025, Indonesian President Prabowo personally visited the Batang Industrial Zone in the Central Java Industrial Belt, crowning this rising industrial star as a 'national special economic zone', and even benchmarking it against the 'Indonesian version of Shenzhen', vowing...
Indonesian government multi-measures to encourage investment in the textile industry
Indonesia is committed to strengthening its textile industry with a number of initiatives. The Coordinating Minister for Economic Affairs emphasized that the textile and textile products industry is a huge contributor to the country's economy, with exports exceeding US$2 billion and providing nearly 4 million jobs, but there is still a need to improve the licensing phase...
Chinese firms study coal gasification project in Indonesia
The Ministry of Energy and Mineral Resources (MEMR) says four Chinese companies have conducted studies on the coal gasification to dimethyl ether (DME) project as an alternative to liquefied petroleum gas (LPG). The results of the companies' studies vary, with some believing the project is not feasible in Indonesia...
Fujian invests 16 trillion guilders in Batang Special Economic Zone
Indonesia plans to build six new special economic zones (SEZs), five of which are located in Sidoarjo, East Java; East Kutai, East Kalimantan; Bulungan, North Kalimantan; and Subang, West Java.The Chief Economy Minister said that China...
Indonesia may become a place for Chinese factories to move in, says deputy industry minister
The Deputy Minister of Industry believes that Indonesia has a good chance of becoming a relocation site for hundreds of Chinese factories as the trade war between China and the United States becomes more intense. Indonesia will not be directly affected by the trade war or the US tariff increase as it maintains a good...
Indonesia's imports of Chinese textiles down in February
Indonesia's imports of textiles and textile products from China in February 2025 fell by $141.1 million, or 36.6%, from a year earlier, data from the Central Statistical Office (BPS) showed.Overall imports for the month were $606.8 million, or 20.74%.Meanwhile, in February, imports to the US...
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