Development of Indonesia's bauxite downstream industry stagnates
Construction of bauxite smelting projects in Indonesia has been difficult, with only three smelters built in 10 years and seven still stalled despite downstream schemes in place. The obstacle is the lack of serious investors to run the projects, and so far in 2014, except for PT Aneka Tamb...
Specifics of the six major nickel mines in Indonesia
According to Indonesia's National Minerals and Coal Management Plan 2022-2027, Indonesia is No. 1 in the world in terms of total nickel reserves and production, with available nickel resources accounting for 231 TP3T of global reserves and 291 TP3T of production.Indonesia owns a number of large-scale nickel mines: the South Sulawesi Blok S...
Happy New Year from Thousand Islands and Indonesia Business Link!
Dear Customers and Partners: At this wonderful moment of saying goodbye to the old and welcoming the new, with great gratitude, we would like to extend our most sincere New Year wishes to you! In the past year, with your support and trust, Enterprise Indonesia...
Chinese Ambassador to Indonesia Visits JIIPE Special Economic Zone
Chinese Ambassador to Indonesia Wang Lutong recently inspected the KEK JIIPE-Gresik Special Economic Zone in Indonesia. China is one of the largest investors in Indonesia, with a total investment of US$5.78 billion in the third quarter of 2024, which shows China's commitment to Indonesia's economic development...
Indonesia's investment minister meets with China's top three electric vehicle-related companies
The Ministry of Investment cum Investment Coordination Board met with several large Chinese electric vehicle companies to accelerate investment in Indonesia's electric vehicle ecosystem. During his visit to China, the Minister of Investment met with companies such as BYD, Zhongwei New Materials and Ningde Times...
China, India plan to collaborate on Batam LRT
The Batam Authority has promoted a range of investment opportunities in Batam to a leading Chinese company, China Railway Engineering and Construction Company Limited (CREC), a company responsible for railroad construction projects in China and overseas, which has successfully built the Jakarta...
U.S. removes anti-dumping duties on Indonesian aluminum products
The U.S. International Trade Commission has decided not to impose anti-dumping duties and countervailing duties on Indonesian extruded aluminum products, a decision that ends the investigation and ensures that Indonesian aluminum products are not considered harmful to the U.S. industry. Indonesia's trade minister called this a good opportunity for Indonesia to make...
Significant growth in investment and tax revenues in Morovalli Industrial Park
The Morowali Industrial Park (IMIP) has put in huge investment of 34.3 billion dollars from 2015 to 2024, or about 552.2 trillion dong. The investment has continued to increase up to August 2024, and from 2022 to 2023 the investment has increased by 5.4 billion dollars, or about...