Jababeka and Silk Road Group Form CIIC, Accelerate the Realisation of Chinese Investment in Indonesia
Jababeka and Silk Road Group Form CIIC, Accelerate the Realization of Chinese Investment in Indonesia
JAKARTA - The economic relationship between Indonesia and China continues to be sought to be intertwined to benefit both countries.
Although China continues to invest capital, such as in 2024 at US $8.1 billion, 2025 at US $7.5 billion and the first quarter of 2026 reached US $2.2 billion, there are still a number of obstacles that often hinder the acceleration of cooperation.
The obstacle in question is the lack of in-depth knowledge of regulations, local market conditions and the actual business potential in each country.
Responding to this, China Silk Road Group Ltd. and Jababeka Group officially initiated the establishment of the China-Indonesia Innovation & Cooperation Center (CIIC).
The establishment of the platform was signed by Jababeka Group Chairman Setyono Djuandi Darmono and China Silk Road Group Chairman Dr. Yan Lijin in Jakarta, today.
In many cases, Chinese companies looking to expand into Southeast Asia often run into partial regulatory understanding of Indonesia.
On the other hand, Indonesian business actors often see the Chinese market as a giant entity that is difficult to penetrate due to bureaucratic barriers and sharp business cultural differences.
Chairman of the Jababeka Group, Setyono Djuandi Darmono, said the innovation center was formed to eliminate such doubts and become a strategic hub to encourage two-way industrial cooperation, especially in supporting the expansion of Chinese companies to Indonesia.
“Specifically, each party will establish a showroom on behalf of the Innovation & Cooperation Center in Beijing and Jakarta as a promotional platform for each other,” said Darmono in a press conference in Jakarta, Thursday, April 23.
The cooperation center will serve as a hub to accelerate the realization of investments.
With the physical presence in both capital cities, the verification process of business partners, understanding of industry standards to access regulatory authorities is expected to be easier and faster.
The platform is not only targeting the traditional manufacturing sector. The main focus will be directed at the development of high-tech industry, including Artificial Intelligence (AI), robotics and Smart City concepts.
Chairman of the China Silk Road Group, Dr. Yan Lijin, said that Indonesia is the most important strategic partner in the framework of the digital economy in the region.
Through the innovation center, he said, his party wants to build an ecosystem that supports the digital revolution in line with technological and industrial developments.
The first phase will focus on AI, robotics and smart industries. The next phase is the development of an integrated digital industrial area.
“We want to connect China’s technological advantages with Indonesia’s market potential and resources to create shared prosperity,” he said.
In the initial phase, Yan Lijin promised to bring Chinese investment into Indonesia through CIIC worth 5 billion US dollars.
For Indonesia, the platform is a gateway for local flagship products to get a stage in the Chinese market through the support of the Silk Road Group network.
Meanwhile, for Chinese investors, Jababeka provides a mature operational platform through an established industrial park ecosystem.
“The establishment of this center is also expected to accelerate the realization of investment, strengthen the global supply chain and create new opportunities for the development of more innovative, inclusive and sustainable industries in the region,” concluded Darmono.