{
    "success": true,
    "data": {
        "id": 2028104,
        "msgid": "indonesia-launches-11-industrial-projects-worth-us-10-2-billion-1791474619",
        "date": "2026-10-08 21:07:36",
        "title": "Indonesia launches 11 industrial projects worth US$10.2 billion",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Investment",
        "summary": "President Prabowo Subianto launched Indonesia\u2019s first electric-vehicle battery exports alongside 11 industrial projects in North Maluku, representing US$10.2 billion in investment and expected to create more than 10,000 jobs. The projects span battery materials, aluminium, industrial vehicles and solar energy, underscoring the government\u2019s push to expand downstream processing and build an integrated electric-vehicle battery supply chain.",
        "content": "<p>Jakarta (ANTARA) - President Prabowo Subianto launched Indonesia\u2019s\nfirst electric-vehicle battery exports and 11 industrial projects on\nThursday, with total investment of US$10.2 billion.<\/p>\n<p>\u201cBismillahirrahmanirrahim, today I, President of the Republic of\nIndonesia Prabowo Subianto, launch the first electric-vehicle battery\nexports and four industrial projects entering commercial operations,\u201d\nPrabowo said.<\/p>\n<p>Prabowo marked the launch by pressing a siren alongside senior\nofficials, including Luhut Binsar Pandjaitan, Airlangga Hartarto, Bahlil\nLahadalia and Danantara Chief Executive Officer Rosan Roeslani.<\/p>\n<p>The four projects entering commercial operations are Blue Sparking\nEnergy, REPT Battero Indonesia, Pioneer Aluminium Industries and XCMG\nIndonesia Manufacturing.<\/p>\n<p>Seven new projects also broke ground at IWIP: Guangqing Nickel\nCobalt, Eno Prima Material, Tinci Materials Indonesia, Weda Bay\nAluminium, Bintang Karya Aluminium, Flat Solar Energy Indonesia and\nGuangqing Motor Indonesia.<\/p>\n<p>The 11 projects have a combined investment value of US$10.2 billion,\nor about Rp180 trillion.<\/p>\n<p>Rosan said the four commercial projects are valued at US$3.4 billion,\nor about Rp60 trillion, while the seven projects entering construction\nare worth US$6.8 billion.<\/p>\n<p>The projects span nickel-based battery materials, EV battery\nseparators and electrolytes, electrolytic aluminum, electric mining and\nindustrial trucks, and photovoltaic glass for solar-energy\napplications.<\/p>\n<p>Together, the projects are expected to create more than 10,000\njobs.<\/p>\n<p>Rosan said first-half 2026 investment realization reached Rp1,010.6\ntrillion (US$56.1 billion), up 7.2 percent, while creating more than 1.4\nmillion jobs.<\/p>\n<p>The downstreaming sector\u2019s share of total investment rose to 35\npercent from 25 percent over two years, with more than 75 percent of\ninvestment realized outside Java.<\/p>\n<p>Mineral-processing industries in North Maluku now contribute nearly\nhalf of the province\u2019s gross domestic product, Rosan said.<\/p>\n<p>North Maluku recorded a trade surplus of Rp31.1 trillion (US$1.7\nbillion) in 2025, driven mainly by processed nickel products including\nferronickel, nickel matte, mixed hydroxide precipitate, nickel sulfate\nand cobalt.<\/p>\n<p>IWIP has 52 tenants, including Glencore and Trafigura. Since 2018, it\nhas attracted US$20 billion, with another US$7 billion planned, bringing\ntotal investment to US$27 billion and supporting 117,000 jobs.<\/p>\n<p>IWIP\u2019s exports reached $11 billion. Combined with Indonesia Morowali\nIndustrial Park, exports total US$28 billion, equivalent to about 10\npercent of Indonesia\u2019s exports.<\/p>\n<p>IWIP has more than 7.1 gigawatts of installed and planned power\ncapacity. Together with Morowali\u2019s 8.8 gigawatts, capacity reaches 15.9\ngigawatts, above Singapore\u2019s 13.1 gigawatts.<\/p>\n<p>Corporate social responsibility programs in the area cover 32\nvillages around industrial and mining operations, backed by more than\nRp650 billion (US$36 million).<\/p>\n<p>Rosan said a fully integrated EV battery ecosystem, including battery\nrecycling, would strengthen Indonesia\u2019s position in global supply\nchains.<\/p>\n<p>He added that Tsingshan has discussed with Danantara its potential\nparticipation in a 100-gigawatt solar-panel development program.<\/p>\n<p>Related news: President hails foreign partners who trust Indonesia as\n\u201cbrothers\u201d<\/p>\n<p>Related news: Prabowo launches first EV battery export from\nIndonesia<\/p>\n<p>Indonesia launches 11 industrial projects worth US$10.2 billion<\/p>\n<p>October 8, 2026 17:37 GMT+700<\/p>\n<p>President Prabowo Subianto presses a siren to mark the launch of\nIndonesia\u2019s first electric-vehicle battery exports and 11 industrial\nprojects at the Indonesia Weda Bay Industrial Park (IWIP), Central\nHalmahera, North Maluku, on Thursday (Oct.\u00a08, 2026). ANTARA\/HO-BPMI\nSekretariat Presiden<\/p>\n<p>Translator: Aditya R, Rahmad Nasution<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesia-launches-11-industrial-projects-worth-us-10-2-billion-1791474619",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}