Indonesia, China getting closer as more beneficial …

He also spoke on topics ranging from the ease of doing business in Indonesia to the development of Nusantara. China, as the country with the largest economy in Asia, becomes a magnet for countries in the region, …

China-Indonesia 'Two Countries, Twin Parks' project in

Under the Belt and Road Initiative (BRI), the China-Indonesia "Two Countries, Twin Parks" project has made significant progress, marking the impressive 10th anniversary of BRI and the establishment of a comprehensive strategic partnership between China …

China backs Indonesia as G20 looms – The China …

China and Indonesia vowed to boost bilateral ties during high-level talks between their top leaders, as Beijing continues to court nations in the Indo-Pacific amid tensions with the United States and its allies. ... Nadya Yeh is a …

ESG Impacts of China's Next-Generation Outbound Investments: Indonesia

The former includes Tencent's investments in Southeast Asia and Alibaba's acquisition of Lazada, while the latter is driven by large capital expenditure projects for critical minerals in Indonesia. China's firms are moving into …

Chinese Railway Project in Indonesia Promised Much but …

The Indonesian and Chinese governments are still negotiating over the $1.5 billion excess. But Joko Widodo has already pledged to invest Rp 4.3 trillion IDR ($275 million USD) from the national budget. "China doesn't want to take care of all the extra project costs. Indonesia has to bear it."

Introduction Revisiting Belt and Road Initiative in …

Nevertheless, some BRI projects have encountered practical and implementation challenges, e.g. Hambantota port in Sri Lanka, the East Coast Rail Link (ECRL) in Malaysia, …

User Guide: Interactive Map of Nickel Projects in Indonesia

The China-Global South Project (CGSP) undertook its Indonesia Nickel Tracking Project to enhance transparency in Indonesia's nickel sector and better understand the presence and impact of China and other foreign actors in this space. ... Indonesia's China-backed Nickel-to-Battery Ambition, to serve as a companion piece to this map. While ...

Full text: Joint Statement between The People's Republic of …

The following is the full text of the statement: Joint Statement between The People's Republic of China and The Republic of Indonesia. 16 November 2022, Bali. 1. At the …

China-Indonesia cooperation sets example for BRI

In 2019, East China's Fujian Province proposed a joint project called "Two Countries, Twin Parks" between China and Indonesia, which aims to develop five cross-border industrial chains including ...

Indonesia

The Jatigede Dam Project is one of the key economic and trade cooperation projects between China and Indonesia. Cirata Photovoltaic Project is the first floating photovoltaic in Indonesia, and also the largest one in Southeast Asia. Key projects undertaken by POWERCHINA in Indonesia: 1. Jakarta-Bandung High-Speed Railway Project

China's Belt and Road Initiative in Indonesia

ture projects, such as the Likupang Economic Zone which includes several facilities and an associ-ated road. Eight of these projects are listed as Indonesia's national strategic projects as stipulated in Presidential Regulation No. 109 Year 2020 (on the Third Amendment of the Acceleration of the Implementation of National Strategic Projects).

Derailing Development: China's Railway Projects and …

and slashed the overall project cost by a third (Lokman 2019). In Indonesia, China formed a consortium with Indonesia's Joko "Jokowi" Widodo's government (2014-) to construct the Jakarta-Bandung Railway. A consortium of Indonesian and Chinese firms funded by the Chinese Development Bank (CDB) won the contract.

Chinese Workers in Indonesia Need Protection, Too

Credit: Depositphotos Recently, Project Multatuli, an independent media organization in Indonesia, published a detailed report examining the conditions faced by Indonesian and Chinese workers at ...

Indonesia launches China-built anode plant for EV batteries

"Indonesia will become the second largest negative material producer in the world, second only to China. The local project will also fill the gap in Indonesia and even the entire …

THE TRUE COST OF CHINA'S BRI PROJECTS IN INDONESIA

Indonesia is one of China's BRI partners. KCIC, a joint venture between an Indonesian consortium of four state-owned companies and China Railway International Co. Ltd, said the high-speed train construction was 85 percent complete in July. The 142-kilometer railroad will be the first in Southeast Asia capable of handling trains travelling at ...

China-Indonesia 'Two Countries, Twin Parks' …

Moving forward, the "Two Countries, Twin Parks" project promises to advance 42 industrial projects with a total investment of 56.85 billion yuan, further bolstering cross-border industrial cooperation and promoting economic …

China boosts funds for housing projects to support …

BEIJING: China will expand a "white list" of housing projects eligible for financing and increase bank lending for such developments to 4 trillion yuan (US$562 billion), Minister of Housing and ...

Compounding Vulnerabilities: Chinese Workers In Indonesia : China …

This report documents the findings of CLW's investigation in nickel production plans in Indonesia. It aims to magnify Chinese overseas workers' voices by diving into their lived experiences in some of the largest nickel production industrial projects in Indonesia backed by ill-regulated Chinese capital. Nickel is a key material in the production of stainless steel and …

Indonesia and China's Belt and Road Initiatives: …

Despite this interest to participate in BRI, however, there is as yet no concrete BRI project agreed to between China and Indonesia. Also, both countries have different perceptions on what BRI projects are. While China …

Indonesian president launches Southeast Asia's first high …

Updated 10:34 PM PDT, October 1, 2023. JAKARTA, Indonesia (AP) — Indonesian President Joko Widodo inaugurated Southeast Asia's first high-speed railway on …

China's GEM to build a $500 mln joint nickel project in Indonesia

BEIJING, May 11 (Reuters) - China's GEM Co Ltd 002340.SZ, a battery and material recycler, announced on Thursday a $500 million joint investment to build a nickel project in Indonesia. The project ...

China CNGR expands nickel investments in Indonesia to …

China's CNGR Advanced Material Co Ltd will invest in three new projects in Indonesia to produce nickel matte, aiming to increase annual capacity by 120,000 tonnes to meet increasing demand for the ...

China's Investments in Indonesia: 2024 Outlook

China's investment in Indonesia's transportation sector has been marked by significant contributions, notably the development of the Jakarta-Bandung high-speed railway. This flagship project, largely funded by China …

China's Huayou, EVE Energy to set up nickel smelter in Indonesia

China's Zhejiang Huayou Cobalt Co said on Monday it would partner with companies including a unit of battery maker EVE Energy to set up a $2.08 billion nickel and cobalt smelting project in Indonesia.

Jakarta-Bandung High-Speed Railway, Indonesia

The project is set to commence operations by June 2023. The project is an important component of China's Belt and Road Initiative. Jakarta-Bandung high-speed rail project background. China won the project due to …

RE Invest Indonesia

RE Invest Indonesia is a platform to promote closer collaboration between renewable energy (RE) players from China, Japan and South Korea with Indonesian renewable energy stakeholders and players. With 2025 approaching, Indonesia lacks investment to meet its 23 percent renewable energy target. RE-Invest Indonesia aims to improve the situation by …

China's Lygend starts milestone nickel project in Indonesia

China's Lygend Mining said on Wednesday its nickel and cobalt smelting project in Indonesia had made its first batch of mixed hydroxide precipitate (MHP), becoming the first high-pressure acid ...

How Indonesia Used Chinese Industrial Investments to Turn …

How Indonesia Used Chinese Industrial Investments to Turn …

Many other companies from Australia, China, Indonesia, Japan, South Korea, and elsewhere are involved in the park, which received plenty of financial support from China's BRI. ... the Export-Import Bank of China, and HSBC China. IMIP was designated as a national strategic project by Indonesia and received much facilitation for licensing in ...

China's Lygend starts milestone nickel project in Indonesia

The $1.05-billion project on Obi island in the province of North Maluku is among several cobalt-nickel HPAL plants in nickel miner Indonesia that are under the spotlight as a source of supply for ...