Prabowo Demands Resolution of Investor Obstacles
Indonesia's EV Subsidy Policy Still Undecided
European Investment in Indonesia's Floating Solar Power Plant
Development of Indonesia's Methanol Industry
US-China Trade War Causes Chinese Textile Products to Flood into Indonesia
Yinda Technology Powder Coating Company Establishes Factory in Indonesia
The groundbreaking ceremony for Yinda Technology's Indonesia powder coating production base was held at Millennium Industrial Park in Tangerang, Jakarta, Indonesia. The total project investment exceeds 50 million, covering an area of over 8,000 square meters. It plans to introduce world-leading equipment and build 16 high-standard powder coating production lines with an annual capacity exceeding 15,000 tons. Products will supply the local Indonesian market and radiate to Southeast Asia as well as countries and regions along the "Belt and Road Initiative." The general manager of Yinda Technology stated that from the perspective of corporate development, Indonesia has advantages in natural resources, human resources, and geographical location. The aluminum processing industry chain is booming, which aligns with the company's business. Moreover, Yinda has been operating in Indonesia for many years, and its brand influence continues to rise. From the industry development perspective, this project not only helps Yinda expand into the Indonesian market and markets along the "Belt and Road Initiative" but also injects new impetus into the improvement of the local aluminum processing industry chain. Headquartered in Foshan, Guangdong, Yinda Technology is a high-quality powder coating supplier in China's aluminum processing industry, with an R&D center, modern equipment, and a senior technical team. Its products are widely used. In the past, it has emphasized both domestic and international markets, with an overseas sales network covering many regions globally. It has been operating in the Indonesian market for over ten years and has established a dominant position. Domestically, it has also actively invested in building a digital production base in Foshan. The groundbreaking of Yinda Technology's Indonesia base marks the deepening of the globalization layout of China's aluminum processing industry chain and highlights Indonesia's investment potential. As Chinese companies increase investment in Indonesia, the advantages of the local aluminum processing industry chain are accelerating, and it is expected to become an emerging hub for the global aluminum industry.</section></section>
Chinese Electrical Equipment Enterprise Deepens Presence in Indonesian Market
China Energy Electric and Indonesia's SKB Company held a strategic partnership signing ceremony in Indonesia. The two sides will cooperate deeply in the field of smart grids in Indonesia to promote the upgrading of the local energy industry. The founder of SKB welcomed the China Energy Electric delegation and stated that as the first strategic partner, SKB is fully confident in China Energy Electric's products, technology, and services, and will leverage its localized advantages to expand the Indonesian market. The representative of China Energy Electric pointed out that this cooperation is an important milestone in the company's globalization strategy. The two sides will combine China Energy Electric's advantages in smart electrical equipment manufacturing with SKB's distribution network to create a model of cooperation and open a new chapter in the Indonesian smart electrical equipment market.
Neta Auto Closes Its First Dealership in North Jakarta
Neta Auto Indonesia permanently closed its first dealership located in Kelapa Gading, North Jakarta. This closure is a strategic decision based on comprehensive business considerations aimed at operational adjustments. The brand's PR and Digital Manager stated that the decision was the result of mutual agreement between both parties, prioritizing customer interests and the continuation of after-sales services. Despite closing one dealership, Neta Auto remains committed to supporting the development of Indonesia's electric vehicle industry, and the existing network of 13 dealerships ensures that consumer rights and services—including vehicle warranties, emergency roadside assistance, door-to-door service
Premier of the State Council Plans Visit to Indonesia in Late May
Chinese Foreign Minister Wang Yi revealed at the first China-Indonesia 2+2 Ministerial Meeting that the Premier of the State Council plans to visit Indonesia in late May 2025. This visit is in light of the Malaysian Prime Minister serving as the rotating chair of ASEAN and hosting relevant summits. While supporting Malaysia's initiatives, China hopes to maintain and promote cooperation with Indonesia. If the visit proceeds, it will be the Premier's first visit after Indonesian President Prabowo took office. The Premier's last visit to Indonesia was on September 5, 2023, when he attended several important ASEAN-related summits. Wang Yi emphasized that as major developing countries, China and Indonesia should
Indonesia Plans to Shut Down Eighteen Coal-Fired Power Plants
Indonesia aims to achieve net-zero emissions by 2060 and plans to shut down coal-fired power plants (PLTU), as outlined in the Minister of Energy and Mineral Resources' regulation on the energy transition roadmap for the power sector. The Institute for Essential Services Reform (IESR) supports the government's plan to shut down PLTUs, with its Executive Director noting that the regulation provides a legal basis for power infrastructure development. IESR research shows that to mitigate the climate crisis, 72 coal-fired PLTUs with a total installed capacity of 43.4 GW need to be phased out between 2022 and 2045. It recommends shutting down 18 PLTUs with a total installed capacity of 9.2 GW from 2025 to 2030
Indonesia Plans to Start Construction of Nuclear Power Plant in 2030
The Minister of Energy and Mineral Resources stated that the plan to build a nuclear power plant in 2030 or 2032 will be submitted to the President. The nuclear power plant project has been included in the 2025-2034 Electricity Supply Business Plan, which is currently in its finalization stage. He believes that nuclear power plants can strengthen the national power system and reduce dependence on fossil fuel power generation, but extensive public education on nuclear energy utilization is needed. There is potential for cooperation between Indonesia and the UK in nuclear power plant development. Former British Prime Minister Tony Blair stated that the UK has developed modular nuclear power plant technology with capacities of 300-500 MW, suitable for archipelagic countries like Indonesia.
Chinese Nickel Giant to Replace LG in Indonesia Partnership
The Minister of Investment confirmed that Chinese nickel processing giant Huayou will join the Indonesian EV battery consortium, replacing South Korea's LG Energy Solution which has withdrawn. Huayou operates in Indonesia through local subsidiaries, has been involved in key nickel processing projects, and is well-versed in the industry. LG Energy Solution had previously formed a consortium with Indonesia Battery Corporation and state-owned mining company Antam, planning a $9.8 billion joint investment project covering upstream mining, smelter construction, cathode processing plants, and battery factories. However, due to prolonged delays and stalled negotiations, in January the Minister of Energy and Mineral Resources formally notified LG Chem and LG Energy Solution to terminate the consortium cooperation, and LG and its partners had already paid part of the $1.1 billion initial investment. Huayou expressed interest in joining the consortium as early as last year, and after joining, the overall investment target for the project remains $9.8 billion. This EV battery consortium is a key part of Indonesia's strategy to develop a complete domestic EV supply chain and accelerate the establishment of its first EV ecosystem.