Contemporary Amperex Technology (CATL) of China poured around 38.59 trillion IDR (2.6 billion USD) in the development of the electric vehicle battery industry of Indonesia, according to Indonesian Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Panjaitan.
The Indonesian government has prepared a credit package worth up to 4.2 trillion rupiah (about 285 million USD) to support micro, small and medium-sized enterprises (MSMEs) to resume production amid the complicated developments of COVID-19, according to Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Panjaitan.
Indonesia and the United Arab Emirates (UAE) have signed 16 cooperation agreements, including five government-to-government deals and 11 businesses-to-business ones.
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