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Chinese Premier's visit brings 10 billion USD in investment to Indonesia

According to the minister, in addition to ongoing projects, the visit opened new cooperation opportunities in transport, industrial cluster development, mineral downstreaming, and the chemical sector. These involve partnerships across state-owned enterprises, private firms, and foreign investors.

Indonesian President Prabowo Subianto (L) and Chinese Premier Li Qiang in Jakarta on May 25. (Photo: AFP)
Indonesian President Prabowo Subianto (L) and Chinese Premier Li Qiang in Jakarta on May 25. (Photo: AFP)

Jakarta (VNA) - Chinese Premier Li Qiang’s visit to Indonesia is more than symbolic, it comes with the implementation of previously agreed investment projects worth 10 billion USD, Indonesian Minister of Investment Rosan Roeslani has said.

The investment is already underway and covers several strategic sectors, he said.

According to the minister, in addition to ongoing projects, the visit opened new cooperation opportunities in transport, industrial cluster development, mineral downstreaming, and the chemical sector. These involve partnerships across state-owned enterprises, private firms, and foreign investors.

The new initiatives span multiple sectors, from railway components and EV battery production to chemical manufacturing, he said, emphasising that Indonesia will continue deepening economic ties with China to strengthen industrial resilience and accelerate natural resource processing./.

VNA
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