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News & Updates

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

Recent Updates 2026-10-21
CIMC Ventures into Indonesia: Morowali Industrial Park to Produce 'Blue' LNG and Methanol
Chinese Investment News 2026-02-11

CIMC Ventures into Indonesia: Morowali Industrial Park to Produce 'Blue' LNG and Methanol

Shenzhen-headquartered CIMC Group recently announced that its subsidiary, CIMC Enric, has signed a joint venture cooperation agreement and a coke oven gas supply agreement with Tsingshan Holding Group and Nanjing Iron & Steel Co., Ltd., respectively, to jointly develop a project in Indonesia for producing liquefied natural gas (LNG) and co-producing methanol from coke oven gas. The project will be located in the Morowali Industrial Park (IMIP), also known as the Tsingshan Project, led by CIMC Enric, with an annual design capacity of 180,000 tons of blue LNG and 100,000 tons of blue methanol. This is CIMC Group's first integrated steel-coking project in Indonesia.

Chery's Sales in Indonesia Continue to Grow Over the Past Two Years
Chinese Investment News 2026-02-11

Chery's Sales in Indonesia Continue to Grow Over the Past Two Years

Chery Automobile is confident in the sustained sales growth in the Indonesian market. Leveraging its outstanding performance over the past two years, the company expects its market share to further increase by 2026. The Marketing Director of Chery Indonesia Sales Company stated that the company's sales have nearly doubled for two consecutive years, and the current Indonesian automotive market environment remains positive, so the company will strive to achieve higher targets. According to data from the Indonesian Automotive Industry Association, Chery's wholesale sales in 2025 reached 19,391 units, with retail sales of 19,485 units; in 2024, wholesale sales were only 9,141 units and retail sales 8,626 units, showing significant growth. In 2025, Chery's wholesale market share was 2.4%, and retail share was 2.3%. With several new models set to launch in Indonesia, Chery Group's market share is expected to continue expanding in 2026. The company will vigorously introduce a new product lineup, striving to gain a more substantial market position in Indonesia.

70% of Indonesia's Public EV Charging Stations Are Operated by Private Companies
Industry News 2026-02-10

70% of Indonesia's Public EV Charging Stations Are Operated by Private Companies

State Electricity Company (PLN) has revealed that approximately 70% of Indonesia's public electric vehicle (EV) charging stations are operated by private companies. This marks a shift toward ecological self-sufficiency in the development of Indonesia's EV infrastructure and reflects growing business confidence in the country's EV market prospects. PLN's Vice President for Product Business Development stated that currently, 70% of charging stations are operated by private companies through a partnership model, while at the beginning of the industry's development in 2018, almost all charging stations were built and operated by PLN as the foundation to jumpstart the EV ecosystem. As EV ownership and charging demand in Indonesia increase

Sovereign Wealth Fund Danantara Invests USD 7 Billion in Six Major Projects
Social Updates 2026-02-10

Sovereign Wealth Fund Danantara Invests USD 7 Billion in Six Major Projects

At the start of 2026, Indonesia made a major announcement: the sovereign wealth fund Danantara took the lead, investing USD 7 billion in a single push to simultaneously launch 6 major projects. These six projects are a real-world blueprint for President Prabowo's three main objectives. More importantly, over the past 15 years, China and Indonesia have built a solid foundation for industrial cooperation. From the completion of the Jakarta-Bandung High-Speed Railway to deep involvement in nickel smelting, from infrastructure assistance to industrial co-building, China has been deeply integrated into Indonesia's development path. These 18 downstream projects offer opportunities not only in smelting, refining,

MIND ID Holds Groundbreaking Ceremony for Phase II Alumina Refinery Project
Industry News 2026-02-09

MIND ID Holds Groundbreaking Ceremony for Phase II Alumina Refinery Project

Indonesian state-owned mining company MIND ID recently held a groundbreaking ceremony for the Phase II Alumina Refinery Project in Mempawah, West Kalimantan. The project was simultaneously launched online with five other downstream industry projects, marking the formation of Indonesia's complete aluminum industry chain. The project is a collaborative effort between MIND ID's subsidiary PT Indonesia Asahan Aluminium, PT Aneka Tambang, and PT Bukit Asam, with a total investment of IDR 104.55 trillion (approximately USD 6.23 billion). It is a core strategic project for Indonesia to advance mineral downstreaming. The project has an annual production capacity of 1 million tons of alumina. Combined with the already operational Phase I project, the total annual capacity will reach

Indonesia's Steel Industry Severely Impacted by Imports
Industry News 2026-02-09

Indonesia's Steel Industry Severely Impacted by Imports

Indonesia's domestic steel industry is facing severe pressure from imported products and price competition, with factory capacity utilization at only about 52%, far below the optimal level, reflecting insufficient domestic market absorption of local products. However, Indonesia actually has sufficient steel capacity to meet the needs of all domestic construction sectors. The Executive Director of the Indonesian Iron and Steel Industry Association stated that eight steel companies have ceased operations between 2024 and 2026, with the core reasons being sustained pressure on corporate profits and low-priced imported products monopolizing the domestic market. This impact has also spread to downstream industries, employment, and the raw material supply chain. If it continues,

Indonesia's Government Substantially Cuts Coal Output, Potentially Impacting Business Operations
Industry News 2026-02-08

Indonesia's Government Substantially Cuts Coal Output, Potentially Impacting Business Operations

Indonesia's 2026 work plan aims to cut coal output by more than 50%, with the Ministry of Energy planning a reduction to 600 million tons, a sharp drop from 790 million tons in 2025, representing an actual cut of 40% to 70%. This policy has raised concerns in the industry, which believes it will severely impact business operations and could even trigger a chain of negative effects. Experts from the Center for Energy and Mineral Resources Law Research pointed out that a maximum output cut of 70% would severely damage corporate cash flow, potentially leading to delayed sales contracts and employee layoffs, and would also cause a short-term sharp decline in state non-tax revenue and mining royalties. It could also disrupt coal supply to domestic coal-fired power plants, requiring

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