Archive: 30 April 2025
51 articles found
Wed, 30 Apr 2025
LG Energy Solution Plans Additional US$1.7 Billion Investment in Indonesia
JAKARTA — Investment and Downstreaming Minister and Head of the Investment Coordinating Board (BKPM) Rosan Roeslani revealed that LG Energy Solution Ltd (LGES) plans to add US$1.7 billion (approximately Rp28.49 trillion at an exchange rate of Rp16,761) in investment.
Wed, 30 Apr 2025
LG Maintains Major Investment Commitment to Indonesia's EV Battery Ecosystem Despite Partial Withdrawal
NERACA Jakarta – Investment and Downstreaming Minister/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani stated that LG, previously reported to have cancelled its investment in the electric vehicle (EV) ecosystem project, has not entirely withdrawn from the project's development.
Wed, 30 Apr 2025
Three Sectors Drive Jakarta's Investment Realisation in Q1 2025
The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) has recorded three sectors with the largest contributions to Jakarta's investment realisation in the first quarter of 2025.
Wed, 30 Apr 2025
IMF Projects Indonesia's Economic Growth at Just 4.7% for 2025-2026, Far Below Government's 8% Target
JAKARTA – Indonesia's economic growth for 2025-2026 is projected at only around 4.7%, well short of the 8% growth target pledged by the Prabowo administration. This was the focus of a public discussion held by Universitas Paramadina Jakarta, entitled "IMF Predicts Indonesia's Economic Growth for...
Wed, 30 Apr 2025
Indonesia's Q1 2025 Investment Reaches Rp 465.2 Trillion, Downstreaming Sector Surges 80 Per Cent
JAKARTA — The government recorded Indonesia's investment realisation in the first quarter of 2025 at Rp 465.2 trillion. Of this total, investment in the downstreaming sector reached Rp 136.3 trillion, contributing 29.3 per cent of total realised investment.
Wed, 30 Apr 2025
France's Eramet Plans to Expand Downstream Investment at Indonesia's Weda Bay Industrial Park
French company Eramet SA plans to expand its investment in the downstream sector at Indonesia Weda Bay Industrial Park (IWIP) in North Maluku. The plan was conveyed by Eramet to the government some time ago. "Their boss came here and met with us.
Wed, 30 Apr 2025
Lenovo Laptop and PC Assembly Facility Inaugurated in Batam
BATAM – Deputy Head of BP Batam, Li Claudia Chandra, attended the inauguration of Lenovo's laptop and personal computer (PC) assembly facility at PT Sat Nusapersada on Tuesday (29/4/2025). The inauguration of the laptop and PC facility, which has met Domestic Component Level (TKDN) regulations,...
Wed, 30 Apr 2025
Apindo Warns Government Not to Be Complacent Despite Positive Q1 2025 Investment Performance
JAKARTA, investor.id - The Indonesian Employers' Association (Apindo) has assessed that investment performance is on a positive trend in Q1 2025. However, the government must not become complacent, as significant challenges remain in achieving the investment realisation target of Rp 1,905.
Wed, 30 Apr 2025
Jababeka Industrial Estate Plans to Build Indonesia's Largest Industrial Innovation Centre, IndiaTechZone
The Jababeka Industrial Estate plans to expand its facilities by establishing Indonesia's largest industrial innovation centre, named IndiaTechZone. The aim is to strengthen its role as an educational industrial tourism destination in Cikarang, as envisaged by the Bekasi Regency administration.
Wed, 30 Apr 2025
Investment Minister to Collaborate Danantara with GP Ansor's Holding Company BUMA
Jakarta (ANTARA) - Investment and Downstream Industries Minister/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani plans to foster collaboration between Danantara and Badan Usaha Milik Ansor (BUMA), a holding company owned by Gerakan Pemuda (GP) Ansor.
Wed, 30 Apr 2025
Jakarta's Investment Realisation Surges to Rp69.8 Trillion in Q1 2025, Highest Nationwide
Jakarta – Investment realisation in DKI Jakarta Province continued to surge in 2025. According to data from the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM), Jakarta's investment realisation in the first quarter of 2025 (January to March) was the highest in...
Wed, 30 Apr 2025
LG's Withdrawal from Indonesia's US$7.7 Billion EV Battery Project Driven by US Inflation Reduction Act
Jakarta — Deputy for Investment Promotion at the Ministry of Investment and Downstreaming/BKPM, Nurul Ichwan, has revealed the reasons behind LG's withdrawal from an electric vehicle battery investment project in Indonesia. The project was valued at 11 trillion won, or US$7.
Wed, 30 Apr 2025
Apple Purchases Land to Build AirTag Factory in Batam, Three More Vendors in Talks to Invest in Indonesia
Investment Minister and BKPM Head Rosan Roeslani has said that multinational technology company Apple Inc. has purchased land to build an AirTag factory in Batam, Riau Islands. He affirmed that Apple's investment in Indonesia continues in line with the US company's commitments, despite geopolitical...
Wed, 30 Apr 2025
First Quarter 2025 Investment Realisation Reaches 24.4 Per Cent of Annual Target
JAKARTA — Investment realisation for the first quarter of 2025 has reached 24.4 per cent of the full-year target. According to Minister of Downstreaming and Investment/Head of the Investment Coordinating Board (BKPM) Rosan P Roeslani, first quarter investment realisation stood at Rp 465.
Wed, 30 Apr 2025
Deputy Investment Minister Visits BP Batam to Accelerate Investment Growth
Deputy Head of BP Batam, Li Claudia Chandra, received a working visit from Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM, Todotua Pasaribu, at BP Batam. Todotua and his entourage were welcomed by Li Claudia and her staff on Tuesday (29/4/2025) afternoon at the BP Batam...
Wed, 30 Apr 2025
Downstream Investment Reaches Rp 136.3 Trillion in Q1 2025
Jakarta, VIVA – The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) recorded that investment realisation in the downstreaming sector reached Rp 136.3 trillion, or 29.3 per cent, in the first quarter of 2025. This figure rose 79.
Wed, 30 Apr 2025
Singapore Tops List of Five Largest Investors in Indonesia During First Quarter of 2025
Minister of Investment and Downstream Industries and Head of the Investment Coordinating Board (BKPM) Rosan Perkasa Roeslani outlined the five principal investor countries in Indonesia during the first quarter of 2025. Singapore retained the top position with investment totalling US$4.
Wed, 30 Apr 2025
Apindo: Slowing Investment Growth Will Not Significantly Impact Economy
Jakarta — The Indonesian Employers' Association (Apindo) has assessed that the slowdown in investment growth in Indonesia during the first quarter of 2025 will not significantly impact economic growth, as investment's contribution to gross domestic product (GDP) remains lower than that of...
Wed, 30 Apr 2025
China's Huayou Has Invested US$8.8 Billion in Indonesia, Plans to Reach US$20 Billion
Jakarta, CNBC Indonesia — Minister of Investment and Downstream Industries and Head of the Investment Coordinating Board (BKPM) Rosan Roeslani revealed that Chinese company Huayou has already invested US$8.8 billion in Indonesia, equivalent to approximately Rp147.
Wed, 30 Apr 2025
China's Huayou Ready to Replace LG in Indonesia's EV Battery Project as Government Opens Door to New Investors
The Indonesian government is opening opportunities for new investors in the strategic electric vehicle battery sector. Following LG's withdrawal from one of its major projects, Chinese company Huayou (Zhejiang Huayou Cobalt) has declared its readiness to take over LG's role and expand its...
Wed, 30 Apr 2025
Deputy Investment Minister Visits BP Batam to Accelerate Investment Growth
BATAM – Deputy Head of BP Batam, Li Claudia Chandra, received a working visit from the Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM, Todotua Pasaribu, at BP Batam. Todotua and his delegation were welcomed by Li Claudia and her staff on Tuesday (29/4/2025) at the BP Batam...
Wed, 30 Apr 2025
Deputy Investment Minister Visits BP Batam to Accelerate Investment Growth
Batam — Deputy Head of BP Batam, Li Claudia Chandra, received a working visit from the Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM, Todotua Pasaribu, at BP Batam. Todotua and his entourage were welcomed by Li Claudia and her team on Tuesday (29/4/2025) at the BP Batam...
Wed, 30 Apr 2025
Deputy Investment Minister Visits Batam to Accelerate Strategic Investment Growth
Efforts to accelerate the pace of national investment have entered a new chapter. Deputy Minister of Investment and Downstream Industries/Deputy Head of BKPM, Todotua Pasaribu, conducted a working visit to BP Batam on Tuesday (29/4/2025) to drive the acceleration of strategic investment growth in...
Wed, 30 Apr 2025
IMF Projects Indonesia's Economic Growth at Just 4.7%: Experts Warn of Structural Vulnerabilities
JAKARTA — Universitas Paramadina held a public discussion entitled "IMF Predicts Indonesia's Economic Growth for 2025-2026 at Only 4.7%: What Can Indonesia Do?" via Zoom on Monday (28/4/2025). In his presentation, Universitas Paramadina Vice Rector Handi Risza Idris revealed that the...
Wed, 30 Apr 2025
Huayou EV Battery Ecosystem Project in Indonesia to Use Latest Technology, Says Investment Minister
Jakarta (ANTARA) - Investment and Downstreaming Minister/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani stated that the development of the electric vehicle (EV) battery ecosystem project in Indonesia with Chinese company Huayou will utilise the latest technology.
Wed, 30 Apr 2025
China's Huayou Set to Replace LG Energy Solution in Indonesia's EV Battery Supply Chain Project
Jakarta, CNBC Indonesia - Investment and Downstreaming Minister and Head of the Investment Coordinating Board (BKPM) Rosan Roeslani said he has met with Chinese company Huayou to replace South Korean firm LG Energy Solution (LGES) in Indonesia's electric vehicle battery supply chain project.
Wed, 30 Apr 2025
Tax Revenue Reaches Rp322.6 Trillion in Q1 2025, Down 18.1% Year-on-Year
JAKARTA, DDTCNews – The Ministry of Finance has reported that tax revenue for the January-March 2025 period reached Rp322.6 trillion, equivalent to 14.7% of the Rp2,189.3 trillion target. This figure represents an 18.1% contraction year-on-year.
Wed, 30 Apr 2025
Indonesia Must Compete with Vietnam's Attractive Investment Incentives, Says BKPM Official
Jakarta — The Indonesian government faces stiff competition from Vietnam in attracting investment. According to Nurul Ichwan, Deputy for Investment Promotion at the Ministry of Investment and Downstreaming/BKPM, Vietnam offers a number of highly attractive incentives to investors, including land...
Wed, 30 Apr 2025
Government Prepares 'Fictive Positive' Policy to Slash Investment Permit Delays
Jakarta – Deputy for Investment Promotion at the Ministry of Investment and Downstreaming/BKPM, Nurul Ichwan, has identified the key obstacles that frequently hinder investment in Indonesia, chief among them the lengthy permit process.
Wed, 30 Apr 2025
Investment Realisation Reaches Rp465.2 Trillion in First Quarter of 2025
JAKARTA - The Ministry of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) recorded that investment realisation in the first quarter of 2025 reached Rp465.2 trillion, or 24.4 per cent of the government's 2025 target of Rp1,905.6 trillion.
Wed, 30 Apr 2025
Investment Realisation Reaches Rp465.2 Trillion in First Quarter of 2025
JAKARTA - The Ministry of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) recorded that investment realisation in the first quarter of 2025 reached Rp465.2 trillion, or 24.4 per cent of the government's 2025 target of Rp1,905.6 trillion.
Wed, 30 Apr 2025
Apple Set to Increase Investment in Indonesia, Says Minister Rosan Roeslani
Jakarta (ANTARA) - Investment and Downstreaming Minister Rosan Roeslani has indicated that Apple will invest more in Indonesia, following the technology major's commitment to build an AirTag production facility in Batam, Riau Islands Province.
Wed, 30 Apr 2025
Investment Minister Addresses Thuggery at BYD Electric Vehicle Factory Project in Subang
Jakarta, CNBC Indonesia - Investment and Downstreaming Minister, also head of the Investment Coordinating Board (BKPM), Rosan P Roeslani has spoken out regarding thuggery practices occurring at the Chinese electric vehicle manufacturer BYD's factory project in the Subang Industrial Zone.
Wed, 30 Apr 2025
West Java Tops Foreign Direct Investment Destinations with US$2.2 Billion in Q1 2025
Jakarta, CNBC Indonesia — The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) recorded foreign direct investment (FDI) of Rp230.4 trillion, or 49.3% of total realised investment. Meanwhile, domestic direct investment stood at Rp234.8 trillion, or 50.
Wed, 30 Apr 2025
Central Government Strengthens Investment Drive in Batam Through Task Force and Service Desk
BATAM — The central government, through the Ministry of Investment and Downstreaming, continues to push investment growth in Batam. This was marked by a working visit from Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM, Todotua Pasaribu, to the Batam Authority (BP Batam) on...
Wed, 30 Apr 2025
LG Maintains Commitment to Electric Vehicle Battery Project as Indonesia Seeks Faster Progress
Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani has stated that LG, previously reported to have cancelled its investment in the electric vehicle (EV) ecosystem project, has not entirely withdrawn from the development of the project.
Wed, 30 Apr 2025
Investment Minister Responds to Thuggery Targeting BYD Factory Construction in Subang
Minister of Investment and Downstream Industries/Head of the Investment Coordinating Board (BKPM) Rosan Perkasa Roeslani has spoken out regarding acts of thuggery carried out by a mass organisation amid the construction of the BYD factory in Subang, West Java.
Wed, 30 Apr 2025
Huayou Invests US$8.8 Billion in Indonesia, Eyes Additional US$20 Billion
Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani has revealed that Chinese company Huayou is not only continuing the integrated electric vehicle battery supply chain ecosystem investment project abandoned by LG Energy Solution, but is also...
Wed, 30 Apr 2025
BKPM Confident Apple Remains Committed to Increasing Investment in Indonesia
JAKARTA — Investment and Downstreaming Minister/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani stated that leading US technology company Apple is committed to increasing its investment value in Indonesia.
Wed, 30 Apr 2025
Deputy Investment Minister Visits BP Batam to Accelerate Investment Growth
Deputy Head of BP Batam, Li Claudia Chandra, received a working visit from Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM, Todotua Pasaribu, at BP Batam. Todotua and his delegation were welcomed by Li Claudia and her staff on Tuesday (29/4/2025) at the BP Batam Marketing Centre.
Wed, 30 Apr 2025
Rp1,500 Trillion in Investment Unrealised in 2024 Due to Licensing and Competitiveness Issues
Attracting investors to do business in Indonesia is no easy task, particularly amid worsening global economic uncertainty. Many capital owners are holding back funds from investing in various destination countries, including Indonesia.
Wed, 30 Apr 2025
Apple Commits to Increasing Investment Value in Indonesia
JAKARTA — Investment and Downstreaming Minister/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani stated that leading American technology company Apple has committed to increasing its investment value in Indonesia.
Wed, 30 Apr 2025
Singapore Tops Indonesia's Largest Foreign Investors in Q1 2025, Not China
Jakarta — The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has recorded the five countries with the largest investments during the first quarter of 2025. Rather than China, the country occupying the top position as Indonesia's biggest investor is Singapore.
Wed, 30 Apr 2025
Ministry of Energy Hands Fate of Four Aneka Tambang Gold Exploration Permits to BKPM
JAKARTA. The Ministry of Energy and Mineral Resources (ESDM) has handed over the fate of four gold exploration Mining Business Permits (IUP) belonging to PT Aneka Tambang Tbk (ANTM) to the Investment Coordinating Board (BKPM).
Wed, 30 Apr 2025
China's Huayou to Invest Additional US$20 Billion in Indonesia
JAKARTA — Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan P. Roeslani has announced that Chinese company Huayou plans to invest US$20 billion (approximately Rp 336 trillion at an assumed exchange rate of Rp 16,800) in Indonesia.
Wed, 30 Apr 2025
Government Assures South Korean Investment Will Continue to Rise Despite LG Energy Solution's Project Exit
Jakarta — The government has assured that investment from South Korea will continue to increase, following LG Energy Solution's withdrawal from one of its projects in Indonesia. In fact, LG is reportedly planning to expand one of its programmes with an investment worth US$1.
Wed, 30 Apr 2025
Trade War Turbulence Will Not Hinder Apple's Investment in Indonesia, Says Investment Minister Rosan
TEMPO.CO, Jakarta - Investment and Downstreaming Minister/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani has said that trade war turbulence will not hinder Apple Inc.'s investment in Indonesia.
Wed, 30 Apr 2025
South Korean Investment Interest in Indonesia Remains Strong Despite LG Battery Project Cancellation
Investment and Downstream Industries Minister and Head of the Investment Coordinating Board (BKPM), Rosan P Roeslani, has confirmed that South Korean investment interest in Indonesia remains substantial.
Wed, 30 Apr 2025
Indonesia's Q1 2025 Investment Realisation Reaches Rp 465.2 Trillion
Jakarta, CNBC Indonesia — The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) recorded that investment realisation up to the first quarter of 2025 reached Rp 465.2 trillion. This figure represents approximately 24.
Wed, 30 Apr 2025
Investment Minister Confident 2025 Target of Rp 1,905.6 Trillion Is Achievable
JAKARTA, investor.id — Investment Minister and Head of the Investment Coordinating Board (BKPM) Rosan Roeslani expressed confidence that the 2025 investment target of Rp 1,905.6 trillion can be achieved.
Wed, 30 Apr 2025
Decision on Return of Four Antam Gold Exploration Permits Rests with Investment Minister Rosan
The decision on the return of four gold exploration Mining Business Permits (IUP) belonging to PT Aneka Tambang Tbk (ANTM) lies in the hands of the current Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani.