Chinese Medical Enterprise Invests in Building Factory in Indonesia
PT Kawasan Industri Nusantara (PT KINRA), a subsidiary of PTPN III, signed an investment agreement for the glove and medical equipment industry from China in the Sei Mangkei Special Economic Zone in North Sumatra. This investment, valued at USD 297 million (approximately IDR 4-5 trillion), will focus on the development of the medical equipment industry and glove production. This is a follow-up to the visit of PTPN III's President to China in January 2025, and the cooperation aims to accelerate the development of Indonesia's health industry, create job opportunities, and enhance domestic medical
Two Chinese Companies Invest 900 Billion Rupiah in Batang Industrial Zone
Kawasan Industri Terpadu Batang (KITB) has attracted global investment totaling 900 billion rupiah, primarily from two Chinese companies. This investment, marked by the signing of industrial land use agreements and commercial space lease agreements, signifies the cooperation between KITB and PT Sumber Sukses Machinery (SSM) and PT Xianjian Indonesia (NCH). The President of KITB stated that this investment will enhance Indonesia's global competitiveness and