Skip to Main Content
Yinqitong

News & Updates

Focusing on Chinese investment news, policy updates, social dynamics, and industry bulletins, keeping you ahead of Indonesian market trends.

Recent Updates 2026-09-10
Chinese Investors Plan to Build Cross-Sea Cable Car in Indonesia
Industry News 2025-06-05

Chinese Investors Plan to Build Cross-Sea Cable Car in Indonesia

Bandar Lampung City plans to develop a futuristic tourism project, a cross-sea cable car, in collaboration with local government and Chinese investors, with an investment amount of up to 2.5 trillion rupiah. The project adopts a 50:50 cooperation model, where the city government and investors will equally share capital investment and operational profits. The total cable car line length is approximately 3.5-4 kilometers, including 1 kilometer from the mayor's office building to the coast and about 2.5 kilometers from the coast to an unnamed island. The local mayor stated that the project has entered the negotiation stage with investors, and it is expected that in July 2025, the city government team will travel to China for a technical exhibition.

Prices of Hollow Steel Materials of Various Specifications in Indonesia
Industry News 2025-06-02

Prices of Hollow Steel Materials of Various Specifications in Indonesia

Hollow steel is an important material in building construction, commonly used for fences, awnings, gates, etc. Its price varies by size and thickness, typically sold in 6-meter lengths. The prices of hollow square steel of different specifications in Indonesia are as follows: 20 x 20 mm: 0.8 mm thickness IDR 49,000/piece, 1 mm thickness IDR 54,000/piece, 1.2 mm thickness IDR 65,000/piece, etc. 20 x 40 mm: 1.2 mm thickness IDR 93,000/piece, 1.4 mm thickness IDR 110,000/piece, 1.6 mm thickness IDR 131,000/piece, etc.

Indonesia and France Reach Multilateral Bilateral Cooperation
Industry News 2025-05-30

Indonesia and France Reach Multilateral Bilateral Cooperation

Indonesian President Prabowo and French President Macron held a bilateral meeting at the Merdeka Palace in Jakarta, with numerous delegation members in attendance. After the meeting, the two presidents witnessed the signing, presentation, and announcement of 21 agreement documents, covering joint statements, inter-government cooperation, inter-institutional cooperation, corporate cooperation, and central bank cooperation. The two sides first adopted four joint statements, covering the development of the Indonesia-France 2050 strategic partnership, cultural sector strategy, peace in Palestine, and a joint statement by the two presidents, reflecting the alignment of long-term visions and their joint contribution to world peace and cultural development.

China-Indonesia Non-Ferrous Metals and Nickel-Cobalt Forum Held in Jakarta
Industry News 2025-05-29

China-Indonesia Non-Ferrous Metals and Nickel-Cobalt Forum Held in Jakarta

On May 13, 2025, marking important milestones such as the 75th anniversary of China-Indonesia diplomatic relations, the China-Indonesia Non-Ferrous Metals Sustainable Development Forum and the First China-Indonesia Nickel-Cobalt Industry Chain Sustainable Development Forum were held in Jakarta. The forum was organized by the China Nonferrous Metals Industry Association, with active support and coordination from the Indonesia China Chamber of Commerce (INAC) and its Mining and Metallurgy Branch. Over 160 representatives from governments and enterprises of both countries attended. The forum opened with remarks by the Deputy Secretary-General of the China Nonferrous Metals Industry Association, with many distinguished guests present. The meeting featured in-depth discussions on topics such as nickel-cobalt resource development, aiming to promote

US-Led Consortium Invests IDR 6 Trillion in Indonesia's New Capital City
Industry News 2025-05-28

US-Led Consortium Invests IDR 6 Trillion in Indonesia's New Capital City

The development of Indonesia's new capital city, Nusantara (IKN), continues to attract global investment. A consortium led by US companies has announced plans to develop 20 affordable housing towers in IKN through the government-business cooperation scheme KPBU, with a total investment of IDR 6 trillion. The consortium includes US companies such as PJ-IC International and Bee-Invest, and partners with strategic collaborators from Brunei, Turkey, and Spain. The aim is to provide housing for civil servants, military personnel, and the general public, supporting IKN's vision of an inclusive and livable city. Additionally, a consortium led by South Korea's Samsung C&T and Indonesia's PT Brantas Abipraya is simultaneously advancing the construction of 21 towers with an investment of IDR 6.3 trillion. Together, the two projects comprise 41 towers with a total investment of IDR 12.3 trillion, making them one of the largest KPBU projects in IKN and pushing the total value of similar projects in the region beyond IDR 144.3 trillion. An IKN Authority official noted that the participation of the US consortium reflects global confidence in IKN, while the housing development serves not only public officials but also the general public, embodying IKN's positioning as an 'inclusive, sustainable smart city.'

Low Land Prices in Indonesia's New Capital Attract Investment
Industry News 2025-05-22

Low Land Prices in Indonesia's New Capital Attract Investment

For investors and potential property owners, land prices in the new capital (IKN) are currently very attractive, being in a "super affordable" state. As IKN's development enters its second phase in 2025, the focus shifts to residential and office complex construction. According to the head of the IKN authority, land prices in IKN are far lower than in other major cities, ranging from IDR 100,000 to IDR 800,000 per square meter depending on location and zone, with main roads and areas near the presidential palace commanding the highest prices. This relatively low land price serves as a strong investment draw. Moreover, as a national strategic project, IKN has full support from the central government. With key infrastructure improvements and rising investment enthusiasm, future land value appreciation potential is enormous, possibly even surpassing other major cities. He emphasized that the IKN authority welcomes investors, especially members of the Indonesian Real Estate Association, to participate in construction, offering investment opportunities in commercial housing, food centers, lifestyle centers, and tourism projects — not just land sales, but investment contributions are needed. In short, IKN's current land price advantage is significant, and its investment prospects are widely optimistic.  

China and Indonesia Advance Cooperation in the Renewable Energy Sector
Industry News 2025-05-21

China and Indonesia Advance Cooperation in the Renewable Energy Sector

PT PLN Enjiniring, a subsidiary of Indonesia's state electricity company PT PLN (Persero), has entered into a cross-border cooperation with the China Electric Power Planning & Engineering Institute to strengthen Indonesia's national power system, accelerate energy transition, and promote environmentally friendly technology development. The two parties formalized the partnership by signing a Memorandum of Understanding. The President Director of PLN stated that this collaboration is a concrete step to promote the utilization of new and renewable energy in Indonesia and is crucial for ensuring the application of efficient, modern, and sustainable technologies, highlighting PLN Group's strategic role in the energy transition, including power system planning.

One-stop Services for Indonesian Business Overseas Expansion

Company Registration Tax Compliance Legal Consulting Market Expansion Talent Recruitment
Learn More