JAKARTA (Vietnam News/ANN): Indonesia has received new investment commitments worth 7.4 billion USD from China, according to Minister of Investment and Downstreaming and head of the Investment Coordination Agency (BKPM) Rosan Roeslani.
He said the commitments cover investments in four production fields: polysilicon, fiberglass, polyethylene terephthalate (PET), and electric vehicles (EVs). Polysilicon is the core material used in semiconductors, while PET is used to make textile fibers and plastic storage, among others.
The minister shared information on the Government's policies to improve investment climate and provide ease of doing business in Indonesia, and conveyed the Government's wish to cooperate in training as well as research and development in Indonesia.
According to the ministry, the value of Chinese investments in Indonesia reached US$32.2 billion from 2019 to the first half of 2024. Last year, the figure stood at US$7.4 billion.
Meanwhile, the Indonesian government is speeding up efforts to ship fresh durian directly to China, reported Xinhua
Indonesian Coordinating Minister for Food Affairs Zulkifli Hasan led a meeting to discuss the preparation of the durian exports to China.
After the meeting, he said Indonesia sent durian to China in the form of durian paste, and the government plans to export fresh durian to the overseas market.
The minister said for the past years, the shipment of Indonesia's durian to China had to pass through Thailand's market, which decreased the profit for the growers
