Indonesia launches 11 industrial projects worth US$10.2 billion

President Prabowo Subianto launched Indonesia's first electric-vehicle battery exports and 11 industrial projects on Thursday in Jakarta, according to the Indonesian news agency ANTARA. The package was presented as a single industrial push with total investment of US$10.2 billion.

Sponsored

The projects span nickel-based battery materials, EV battery separators and electrolytes, electrolytic aluminum, electric mining and industrial trucks, and photovoltaic glass for solar-energy applications. The source identifies these as industrial projects rather than separate announcements, and gives no additional operational details beyond the launch.

ANTARA said the projects are expected to create more than 10,000 jobs. No further timeline, location breakdown, or implementation status was provided in the source beyond the launch by Prabowo and the listed project categories.

#PrabowoSubianto #ANTARA #Jakarta #nickel #electrolyticaluminum

Image Credit: 360LiveNews

Sponsored