Indonesian Ministry of Public Works Launches 9 Major Projects Worth IDR 90.21 Trillion
At the International Infrastructure Conference (ICI), the Minister of Public Works presented 9 projects to investors with a total value of IDR 90.21 trillion. Among them, 5 water resource projects are valued at IDR 657.18 billion, including a 5.4 MW mini hydro power plant (PLTM) at Way Sekampung Dam, a 3.32 MW PLTM at Tapin Dam, a 7.4 MW PLTM at Leuwikeris Dam, a 3 MW PLTM at Cipanas Dam, and a 4.32 MW PLTM at Karalloe Dam. 3
Guangdong and Indonesian Entrepreneurs Strengthen Cooperation and Exchanges
GAC Aion Indonesia Factory Officially Begins Production
Indonesia Accelerates Data Center and Cloud Industry Development
Indonesian Public Transport Company Accepts Chinese-Made Electric Buses
Chinese Steel Giant Collaborates to Build a 3 Million Ton Steel Plant
Indonesia's Krakatau Steel Group plans to provide over 500 hectares of land in the Krakatau Industrial Zone in Cilegon, Banten Province, to attract large-scale investment from China's Delong Steel Group (the world's 11th largest and China's 7th largest steel producer) and its Indonesian subsidiary PT Dexin Steel Indonesia. Delong aims to build a new steel plant in Indonesia through this collaboration, advancing its global布局. In May, a Krakatau Steel delegation visited Delong Group, signed a raw material procurement
Chinese Enterprises Build a 4 Million Square Meter Industrial Park in Indonesia
Earlier, the Huicheng District Economic and Trade Delegation held the "Huicheng District Investment Environment Promotion Conference and Indonesia Weilin Industrial Park Economic and Trade Activity Matching Meeting," showcasing Huicheng District's industrial advantages and investment opportunities, along with the signing ceremony for trade, investment, and the Indonesia Weilin Industrial Park project. The first phase of the industrial park covers a planned area of 4 million square meters, with functional zones including the production and manufacturing zone for product manufacturing, the bonded logistics zone for warehousing, logistics, and bonded business, and the comprehensive service support zone providing R&D, services, and other integrated support. The project is planned to be completed and put into operation within 18 months, embodying the "Weilin Speed." The three major functional zones are interconnected
Chinese Refrigeration Enterprise Bingshan Group Expands into Indonesian Market
PT Bingshan Changshen Indonesia was recently officially established, marking a key milestone in Bingshan Group's overseas strategic layout. The company's chairman introduced Bingshan's century-long history and outlined its market plan in Indonesia, which will leverage local agricultural and fishery resources to build a full-chain service system while advancing localization of technology, construction, and services. The general manager stated that the company will focus on the frozen and cold storage business to meet various cold chain needs and increase market share. Bingshan Group chose Indonesia as the first stop for its internationalization, driven by recognition of the market's potential and a determination to deepen its presence. PT TAM Indonesia has been deeply rooted locally for 40 years with an extensive after-sales service network, while Bingshan International Trade covers more than 60 countries. Their synergy provides high-quality refrigeration solutions globally.
Zoomlion Tower Cranes Support the Construction of Jakarta Oasis Twin Towers
Seven large tower cranes from Zoomlion are assisting in the construction of the Jakarta Oasis Twin Towers. Upon completion, Tower T1, standing 331 meters high, will become the tallest main structure in Indonesia. The cranes involved in the upper main structure lifting work include the first flat-top luffing jib tower crane and six luffing jib tower cranes. This model is an innovative product launched by Zoomlion based on global market demand. It is the first exported unit to be equipped with a round tenon standard section and has been sold to Indonesia and other countries. It uses advanced hydraulic cylinder luffing technology with two working modes—flat-top and luffing—which can be switched in 2 minutes. The luffing mode has a maximum working angle of 87°, adapting to confined spaces.
Chinese Mining Giant Suspends Several Nickel Production Lines in Indonesia
Affected by the sharp drop in nickel prices and weak global demand, Chinese mining giant Tsingshan Holding Group has suspended several production lines at its nickel industry hub in Indonesia since early May. The chairman of the Mining Engineering Division of the Indonesian Engineers Association stated that the decision was purely for economic reasons, as the decline in nickel prices caused the company to incur losses, leading to the shutdown. Currently, the London Metal Exchange nickel price stands at $15,237 per ton, down 0.90% from the previous week, continuing the downward trend since hitting a four-year low in 2024, far below the previous expectation of $20,000 per ton. In 2023, due to oversupply and weak demand, the average nickel price
Indonesia and EU Conclude Economic Partnership Agreement Negotiations
The Coordinating Minister for Economic Affairs recently announced that Indonesia and the EU have concluded the Comprehensive Economic Partnership Agreement (CEPA) after 9 years and 19 rounds of negotiations. After meeting with the EU Trade and Economic Security Commissioner, he confirmed that all outstanding issues have been resolved and will be reported to the leaders of both countries. The EU is Indonesia's fifth largest trading partner, with bilateral trade reaching USD 30.1 billion in 2024, and Indonesia enjoying a trade surplus of USD 4.5 billion with the EU. Against the backdrop of global economic instability, this agreement is significant for strengthening bilateral cooperation and stabilizing global supply chains. Within 1-2 years of implementation, 80% of Indonesia's exports to the EU will enjoy zero tariffs.
Chinese Battery Company to Deliver Products to Indonesia Within This Year
Witnessed by Indonesia's Minister of Transportation and other officials, REPT BATTERO and Indonesia's Bakrie & Brothers Group signed a strategic cooperation memorandum on commercial vehicle battery systems. The two parties will cooperate to deliver power batteries for over 3,000 electric buses and trucks within 2025. REPT BATTERO's Indonesia manufacturing base will produce products that meet local content requirements, helping Indonesia achieve its net-zero carbon emission target. In the future, both parties will deepen cooperation in various aspects of the industrial chain, including nickel smelting and battery raw materials, centered on the concept of "Green Transportation, Made in Indonesia," to create low-carbon demonstration projects and lead