#Investment
Erick Thohir confirms SOEs transfer dividends to Danantara
Minister for State-Owned Enterprises (SOEs) Erick Thohir has confirmed that a significant portion of dividends from state-owned companies has been transferred to Indonesia's sovereign wealth fund, Daya Anagata Nusantara (Danantara), but declined to specify the amount or name the contributing entities.
Bill Gates discusses sustainable development initiatives with President Prabowo
Bill Gates, Co-founder of Microsoft and Co-chair of the Gates Foundation, met with President Prabowo Subianto at the Merdeka Palace in Jakarta on Wednesday, May 7, 2025, discussing a number of sustainable development initiatives.
Chandra Asri invests Rp15 T in world-class chemical plant to strengthen nat’l industry
PT Chandra Asri Pacific (TPIA), a company owned by tycoon Prajogo Pangestu, is investing Rp15 trillion (US$908 million) to build a world-scale chemical manufacturing facility, which is scheduled for completion by 2027.
Xinfung Industry breaks ground on US$30 M textile plant in Subang smartpolitan
PT Xinfung Industry Indonesia, a subsidiary of China’s Jiangsu Xinfang Technology Group, has begun construction of its new manufacturing facility in the Subang Smartpolitan industrial area.
South Korean Dongsung Chemical commences operations in Indonesia
South Korean investors’ interest in Indonesia has apparently remained strong, marked by the official opening of Dongsung Chemical’s new polyurethane (PU) production facility in Karawang, West Java, on Wednesday, April 30, 2025.
Indorama to invest in U.S. blue ammonia project to counter tariffs, expand portfolio
Coordinating Minister for the Economy Airlangga Hartarto reveals that Indonesia’s Indorama Corporation is set to invest US$2 billion (Rp34 trillion) in the United States to develop a blue ammonia project in Louisiana, a move part of the company’s global expansion strategy and a response to increasing U.S. trade barriers.
Huayou plans US$20 B expansion for RI’s EV ecosystem, industrial clusters
Chinese mining and battery materials company Zhejiang Huayou Cobalt Co Ltd is preparing to expand its investment in Indonesia by a staggering US$20 billion (Rp335 trillion), according to Minister of Investment and Head of the Investment Coordinating Board (BKPM), Rosan P. Roeslani.
LG maintains commitment to Indonesian battery investment
Despite initial setbacks, LG remains strongly committed to its investment in Indonesia’s electric vehicle (EV) battery ecosystem, said Investment and Downstreaming Minister Rosan P. Roeslani on Tuesday, April 29, 2025.
President Prabowo projects Danantara’s wealth could reach US$1 trillion
President Prabowo Subianto has expressed optimism about the potential of the Daya Anagata Nusantara Investment Management Agency (BPI Danantara), stating that its total wealth could reach US$1 trillion (Rp16,837 trillion) if managed effectively.
Prabowo welcomes US$1.7 B investment boost from South Korean firms
President Prabowo Subianto met with a high-level delegation from the Federation of Korean Industries (FKI) at the Merdeka Palace in Jakarta on Monday, April 28, 2025, which ended with a commitment of the federation to inject an additional US$1.7 billion (Rp28.6 trillion) into various strategic projects across the country.
Prabowo unveils strategic roadmap for Danantara
President Prabowo Subianto has outlined the strategic direction of the Daya Anagata Nusantara Investment Management Agency (BPI Danantara), marking the beginning of operations for Indonesia’s newly established sovereign investment authority.
AI in mining could unlock US$308 B potential for Indonesia, says Deputy Minister
The use of artificial intelligence or AI technology in the mining industry is estimated to add an economic potential of US$308 billion (Rp5,200 trillion, said Deputy Minister of Communication and Digital Application Nezar Patria.