China and Japan Interested in Competing for Jakarta-Surabaya High-Speed Rail Project
The Indonesian government plans to extend the Jakarta-Bandung High-Speed Rail (KCJB/Whoosh) to Surabaya to improve traffic mobility and efficiency on Java Island. The plan was instructed by President Prabowo and is being advanced by the Coordinating Minister for Infrastructure and Regional Development. Both China and Japan have proposed cooperation for the project. Japan proposed operating semi-high-speed trains and put forward some conditions; China has not yet clarified specific project requirements. The Indonesian government needs to study the possible route options: the northern line, central line, or southern line. This project is larger than the Jakarta-Bandung High-Speed Rail and faces major challenges such as land acquisition and route planning
Indonesia Plans to Build Solar Power Plant in Cooperation with Chinese Companies
Chinese Investors Actively Invest in Indonesia's Halal Industrial Park
Chinese Companies Accelerate Expansion, Investment in Indonesia Soars by $8.2 Billion
Significant Increase in Chinese Enterprises' Demand for Warehousing in Indonesia
Robbery at IMIP Park Severely Shakes Investor Confidence in Nickel Industry
Around 10:00 PM on August 8, 2025, a storage container and workshop of a construction contractor inside the Indonesia Morowali Industrial Park (IMIP) were robbed by a group of individuals. Stolen assets included 1,000 meters of copper wire, compressors, air conditioners, generators, and other contractor equipment, with losses reaching billions of rupiah. The stolen items are currently held by police as evidence, and their condition is unknown. Police have arrested three suspects, but IMIP's media relations director has not disclosed the motive. The executive director of the Energy and Mining Legal Research Center believes this robbery will negatively impact the investment environment for Indonesia's nickel industry, as security is
China and Indonesia Plan Joint Acquisition of Nickel Smelter
According to the Indonesian Nickel Miners Association (APNI), the Indonesian Investment Authority Danantara is expected to form a consortium with Chinese companies to jointly acquire the nickel smelter assets of PT Gunbuster Nickel Industry (GNI). The acquisition plan is still under development, with Danantara awaiting stakeholder approval and conducting due diligence, planning to proceed with mining state-owned enterprise parent company MIND ID as the main partner. Danantara intends to prepare approximately US$20 billion in initial acquisition funds, with an additional US$60 million in syndicated loan
Indonesia to Welcome 6 Large Enterprises with Total Market Cap Exceeding IDR 3 Trillion for IPO in 2025
The President Director of the Indonesia Stock Exchange (IDX) stated at a press conference for the 48th anniversary of the capital market held at the IDX Main Hall in Jakarta that two major leading enterprises plan to conduct their Initial Public Offerings (IPO) in the second half of 2025. In the first half of 2025, four large enterprises completed their IPOs: PT Raharja Energi Cepu Tbk (RATU), PT Bangun Kosambi Sukses Tbk (CBDK), PT Yupi Indo Jelly Gum Tbk
Indonesia Has the Potential to Lead the Battery Energy Transition Revolution
The Chairman of the Indonesian Battery Ecosystem Association (Id Battery) recently stated at the opening of the 2025 International Battery Summit in Jakarta that as the world moves toward decarbonization, batteries are rapidly becoming the core of the energy transition, and Indonesia has enormous potential to lead this transformation. Indonesia has the potential to lead the global battery production field and urgently needs to build an integrated, sustainable, and inclusive battery ecosystem. He emphasized Id Battery's mission to develop a national battery ecosystem that meets global environmental and social standards, and also mentioned the strategic cooperation between the Indonesian Battery Corporation (IBC) and the World Bank
Indonesia's Car Sales May Drop to 800,000 Units This Year
Automotive industry analysts predict that if related issues are not resolved in time, Indonesia's car sales in 2025 could fall below 800,000 units, unless macroeconomic growth significantly recovers in the second half of the year. In July 2025, wholesale deliveries from car factories to dealers reached 60,552 units, up 4.8% month-on-month (June: 57,799 units), but down 18.4% year-on-year (July 2024: 74,230 units). Retail sales in July 2025 totaled 62,770 units, up 1.8% month-on-month, but down 17% year-on-year (July 2024: 75,588 units). January-July 2025
Indonesian Company Invests Over Trillion Rupiah to Build AI Data Center
PT Dian Swastatika Sentosa Tbk (DSSA), a subsidiary of the Sinar Mas Group, through its subsidiary PT Kuningan Mas Gemilang (KMG), has signed an agreement with PT LG Sinarmas Technology Solutions (LGSM) for the latter to construct the SMX01 data center, with a project value of IDR 1.23 trillion (excluding taxes and other fees). The project is positioned as an AI-ready data center, located in the Jakarta business district, with p
Indonesian Companies Develop Five Strategic Coal Downstream Projects
PT Bukit Asam (PTBA) is developing at least five strategic coal downstream projects, covering the gasification of coal to produce various products, with some projects at different stages. These include plans to gasify coal into DME, which is expected to replace Liquefied Petroleum Gas (LPG), but is currently hindered by economic feasibility and infrastructure compatibility issues. Several potential Chinese partner companies have been approached, with only East China Engineering Technology Co., Ltd. (ECEC) expressing investment interest, proposing a Processing Service Fee (PSF) higher than the 2021 expectation of the Indonesian Ministry of Energy and Mineral Resources. For synthetic graphite, cooperation with the National Research and Innovation Agency (BRIN) is underway, in the basic engineering design and update phase, targeted for completion by the end of 2025. The total investment is approximately IDR 287.39 billion, with plans to build a pilot plant in Tanjung Enim in 2026, a trial plant in 2027-2028, followed by testing, commissioning and maintenance in 2029. The product can be used for electric vehicle battery anodes, accounting for 22% of lithium battery components. The company will collaborate with Gadjah Mada University (UGM) to research humic acid for agricultural applications, which can improve soil quality and fertility, supporting national agricultural productivity. An initial prototype will be made using low-calorie coal from the Peranap coal mine in Riau Province, with a planned capacity to process 60 tons of coal annually, producing 21 tons of humic acid at a cost of IDR 57.4 billion, targeting commissioning in 2025, funded internally.