Chinese Enterprises Invest IDR 13 Trillion in East Kalimantan
The Acting Governor of East Kalimantan (Kaltim) stated that a Chinese company is ready to invest IDR 13 trillion in East Kalimantan. He also made an official visit to China from June 19 to 22, 2024. The company interested in investing is from Anhui, China, and is interested in investing in chemical agricultural materials such as pesticides, herbicides, and glyphosate. The company's vice president has surveyed multiple locations in Indonesia for investment. The partnership between East Kalimantan Province and Anhui Province as sister provinces provided an opportunity for site selection. They need 1,000 hectares of investment land to build a
Four Major Chinese Automakers Help Indonesia Become an Export Hub for Environmentally-Friendly Cars
Major June News: Xia Shang Zhou Industrial City Makes Its First Debut!
Shopkeeper Says: Why BYD and Yadea Both Chose Indonesia
Investment Over $150 Million! Yadea Indonesia Intelligent R&D and Production Base Officially Breaks Ground
China-Indonesia "Two Countries, Twin Parks" Flagship Project Food Industrial Park Phase I Advances Rapidly
[caption id=\"attachment_2193\" align=\"aligncenter\" width=\"712\"] Image unrelated to content[/caption] Construction site of Fuqing Yuanhong Hospital. In recent days, the highly anticipated China-Indonesia Economic and Trade Innovation Development Demonstration Zone Food Industrial Park (Phase I) project is advancing rapidly with high standards, strict requirements, and an international perspective. As the flagship project of China-Indonesia "Two Countries, Twin Parks,"
BYD Invests 16 Trillion Rupiah to Build Factory in West Java, Indonesia
Chinese automotive brand BYD, which focuses on Battery Electric Vehicles (BEVs), has announced plans to build a factory in Indonesia, specifically in Subang City, West Java Province. The investment for this factory amounts to 16 trillion Indonesian Rupiah. The project was confirmed after PT BYD Motor Indonesia (BYD) signed a cooperation agreement with PT Suryabuat Swadaya, the developer of the Subang Smartpolitan industrial area. After multiple evaluations, BYD considers the Subang Smartpolitan industrial area to be the
China Plans to Import 129.6 Trillion Rupiah Worth of Durian from Indonesia
China is one of the world's largest importers of durian fruit. Coordinating Minister for Maritime and Investment Affairs Luhut stated that China imports durian worth US$8 billion, equivalent to approximately 129.6 trillion rupiah per year. Since China imports large quantities of durian, this presents a clear opportunity for Indonesia. Therefore, Luhut has called for increasing Indonesia's durian production. He noted that there is durian-growing land in Central Sulawesi, and currently, around 2,000 hectares have been discovered in West Fakfak (Papua). Luhut urged all durian-producing regions to actively export durian to China. If Central Sulawesi can export US$500 million worth of durian, many
Chinese-funded enterprises invest 143.5 trillion rupiah to build nickel smelters
PT Vale Indonesia (ValeIndonesia/INCO) disclosed the amount of investment required to build three smelters or nickel ore processing facilities, with a total investment of approximately US$8.6 billion to US$9 billion, equivalent to 143.5 trillion rupiah. A senior public relations manager of PT Vale Indonesia recently stated that the downstream processing industry must accelerate development, and both parties have reached an agreement, which is why all three smelter construction projects that have been announced, totaling US$8.6 billion or about US$9 billion, must be implemented simultaneously. The three projects include: (1) Will cooperate with Zhejiang
Chinese brands occupy the top position in Indonesia's mobile phone market share
GAC Aion Electric Vehicle Brand Enters Indonesian Market
PT Indomobil Sukses Internasional Tbk (Indomobil) has once again shaken up the Indonesian electric vehicle market. After introducing Citroen, Great Wall Motors, and Yadea, it is now cooperating with GAC Aion. The company is one of four subsidiaries of the Chinese automotive giant Guangzhou Automobile Group Co., Ltd. (GAC). In China, the brand competes with BYD and Tesla. Its presence is bound by a distribution agreement between GAC Aion New Energy Vehicle Co., Ltd. and the Indomobil Group. Indomobil
Lopal Technology's Indonesia Lithium Iron Phosphate Production Base Phase II to Start Construction in H2
An investor asked Lopal Technology (603906) about the company's specific overseas plans for lithium iron phosphate, including overseas plant construction and orders. The company replied, saying: Dear investor, hello! The company plans to build a 120,000-ton lithium iron phosphate cathode material production base in Indonesia. Currently, Phase I of 30,000 tons is in the commissioning and trial production stage, and Phase II of 90,000 tons will start construction planning in the second half of the year. The second overseas base will also be considered as appropriate. In terms of overseas customers, the company has formed a deep bond with LG. According to