Indonesia Completes 19 Infrastructure Projects Worth of US $6B

Jakarta (TheInsiderStories) – Since January to August 2019, Indonesia has completed 19 national strategic projects (NSP) with total investment Rp87.7 trillion (US$6.21 billion), an official government told the media late Monday (09/09). The projects consist of three airports, five roads, four special economic zones, two smelters, three dams and two technological infrastructure. Since 2016 until August 2019, Indonesian government […]
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Indonesia seeks USD 5 Billion Investment from Japan and South Korea

The Ministry of Industry (Kemenperin) continues to encourage for increased investment in the manufacturing industry sectors, especially those that are priorities in Making Indonesia 4.0. The two countries that are considered potential to invest in big capital to the country, are Japan and South Korea. “The huge investment potentials of Japan and South Korea must be […]
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Hyundai to Invest $2.8b in Car, Electric Vehicle Plant in Indonesia

Jakarta. Hyundai Motor Company has affirmed its Rp 40 trillion ($2.8 billion) investment in Indonesia as part of the South Korean automotive giant’s plans to make Indonesia one of its car export hubs and develop electric vehicles in Southeast Asia, Industry Minister Airlangga Hartarto said in a statement on Sunday. Airlangga said Hyundai will start manufacturing […]
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Minister of Industry: Indonesia is the world’s investment destination

Minister of Industry (Menperin) Airlangga Hartarto said Indonesian economic grows to a positive trend, with an average above 5% per year. It is not detached from the role of the manufacturing sector that contributes the greatest to national GDP. “Many parties say that this growth can still be pushed again. Our economy is large and […]
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