Nusantara Halid and Grand Seleron Investama Realise Electric Truck Factory Investment

Jakarta - Nusantara Halid Group (NH Group) has partnered with Grand Seleron Indonesia (GSI) to successfully invite Cang Kuang Mining Machinery (CKMM) to relocate its electric truck, heavy equipment, and barge factory from Changzhou, China, to Krakatau Industrial Estate in Cilegon, Banten, with an investment of Rp10 trillion. “NH Group is also inviting several related spare parts factories, including Global Mainstream Dynamic Energy Technology Ltd, a Battery Energy Storage factory located in Changzhou, China, to supply batteries for CKMM,” said Andy Nursyam Halid, President Director of PT Nusantara Halid, on Thursday (16/4). The investment plan has been followed up with the signing of an Industrial Land Sale-Purchase Agreement (PJLI) for 8 hectares between PT Krakatau Sarana Infrastruktur (KSI) and PT Almas Mandiri Anugerah (AMA, a subsidiary of GSI) at Krakatau Industrial Estate in Cilegon, Banten, on 26 February 2026. The land will be expanded to 50 hectares for the electric truck, heavy equipment, and barge factory, with the land investment alone amounting to Rp1.2 trillion. In response, the President Director of PT KSI, Dazul, along with Marketing Director Rachman and Marketing Manager Yoyok, visited the CKMM factory in Changzhou on 3 April 2026. The delegation also directly observed the application of electric fuel filling (BBL) for trucks at Changzhou Port, where one hour of BBL charging enables the truck to operate for 12 hours. PT Nusantara Halid is also in negotiations with Hunan Iron & Steel Group (HISG) factory to assist PT Krakatau Steel in importing pure iron and steel, which will be processed into raw materials for electric trucks, heavy equipment, and barges. HISG, established in 1997, is known as the largest company in Hunan Province. This business group has an annual steel production capacity of 30 million tonnes, with 36,000 permanent employees. Total assets reach 200 billion yuan, with operational revenue of 240 billion yuan. PT Nusantara Halid has also signed an MoU with Global Mainstream Dynamic Energy Technology, Ltd, to develop the market in Indonesia, particularly for Battery Energy Storage (BES) products. The signing was represented by President Director Andi Nursyam Halid and Director Li Jian Dow.