#Manufacturing
Gunawan Dianjaya Steel to build second plate mill factory
PT Gunawan Dianjaya Steel Tbk (GDS) is currently building its second plate mill factory (GDS II plate mill plant) using allocated Capex (Capital expenditure) of IDR 24 billion. The new factory is slated to be completed by the end of 2023.
Diamond Food prepares IDR 350 billion for factory expansion
Food and beverages company PT Diamond Food Indonesia Tbk (DMND) has prepared a capital expenditure (Capex) of IDR 350 to expand its factory in Cikarang, West Java.
Antam explores cooperation with EV battery global players
State-owned mining company PT Aneka Tambang (Antam) Tbk continues to explore cooperation with global players in the electric vehicles (EV) industry. The company has taken this measure to utilize the huge potential of EV industry's growth in the future.
Sorong develops fish cannery industry
West Papua has been developing a fish cannery industry in Sorong Special Economic Zone (SEZ) with an investment of IDR 1.67 trillion since 2020. The industry is part of the Investment Coordinating Board (BKPM)'s 47 national projects.
South Sulawesi expands copper recycling industry
South Sulawesi has been expanding a copper recycling industry facility, which is part of the Investment Coordinating Board (BKPM)'s 47 national projects, in Takalar regency. The investment worth about IDR 3.08 trillion in 2020.
Madura establishes integrated soda ash industry
Madura island has established a soda ash industry - which is mostly used for the extraction and smelting of various metals, especially alumina products - since 2021. The industry has an investment of IDR 3.08 trillion. It is part of the Investment Coordinating Board (BKPM),'s 47 projects in Indonesia.
PT Indonesia Strategis Industri to build an integrated green economic zone in North Kalimantan
PT Indonesia Strategis Industri (ISI) - in partnership with PT Kayan Hydro Energy (KHE) and PT Pelabuhan Internasional Indonesia (PII) - plans to build a green economic zone in Tanjung Selor, North Kalimantan. By using electricity generated by KHE’s hydroelectric power plant and using materials from the construction project of the said power plants, the green economic zone will integrate multiple industries and infrastructure. The economic zone will be built in Tanah Kuning village, Mangkupadi, East Tanjung Palas, Bulungan regency, North Kalimantan.
Indonesia, Malaysia, Thailand continue their cooperation in infrastructure, tourism, trade and rubber
Indonesia, Malaysia and Thailand have continued their cooperation in the economic sector through the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) at the Ministerial Meeting in Phuket, Thailand, on September 15 and 16, 2022. In the meeting, the three countries signed MoUs and several agreements focusing on infrastructure and tourism.
Subang expands industrial capacity toward medicines
The industrial region of Subang, assisted by the Investment Coordinating Board (BKPM), is developing a new area for pharmacy industry. The project began in 2021 with an investment worth IDR 3.16 trillion.
VKTR cooperates with SOEs INKA, Barata to produce EV components
Bakrie & Brothers subsidiary, PT Vektr Teknologi Mobilitas (VKTR), has signed a Head of Agreement with state-owned heavy equipment manufacturers of PT Industri Kereta Api (PT INKA) and PT Barata Indonesia to produce electric vehicle components. INKA Finance, Human Resource and Risk Management Director Andy Budiman, VKTR CEO Gilarsi W . Setijono and Barata Marketing Director Sulistyo Handoko signed the agreement in Gresik, East Java, on September 15, 2022.
Subang developing automotive components industry
Subang regency has been developing an automotive components industry since 2018 with an investment worth IDR 11.13 billion. The industry has been part of the Investment Coordinating Board (BKPM)'s 47 regional investment projects. Several companies from Belarus and Japan will cooperate with the government on automotive components industry.
Antam, IBC to develop battery for electric vehicles industry
State-owned mining company PT Aneka Tambang Tbk (Antam) is developing a plant and smelter to process Mix Sulphide Precipitate (MSP) as a raw material to produce precursors or cathodes for electric vehicle batteries.