Business News
West Java Partners with Global Investor to Unlock Oil Field Potential
The West Java Provincial Government, through its Economic Bureau, has initiated a strategic collaboration to attract high-value investment by facilitating a partnership between regional-owned enterprise PT Migas Utama Jabar (MUJ) and PT Enerproco Global Indonesia, a global energy technology company with expertise in Chemical Enhanced Oil Recovery (C-EOR). This move…
Indonesia-US Strategic Partnership Continues to Strengthen Through Investment
Amid global trade tensions, Indonesia and the United States continue to foster a strong strategic partnership through robust investment in key sectors such as STEM (Science, Technology, Engineering, and Mathematics). The US has consistently ranked in the top 10 foreign investors in Indonesia, contributing USD 14.85 billion from 2020 to…
Chery Is Ready to Invest IDR 5.2 trillion to Make Indonesia an Export Base
Chinese automaker Chery is making a strong commitment to Indonesia’s automotive sector and its transition to electric vehicles. According to Indonesia’s Minister of Industry, Agus Gumiwang Kartasasmita, Chery plans to invest approximately IDR 5.2 trillion by 2030 in the country. The investment will go toward establishing and expanding production facilities…
Get to Know the National Strategic Project, the Driving Engine of Indonesia's Development
In Indonesia’s push to accelerate national development, one program stands out as a backbone of that effort: the National Strategic Project (Proyek Strategis Nasional/PSN). Enshrined in presidential regulation, PSN is not just a collection of big-name infrastructure plans—it’s Indonesia’s bold strategy to distribute growth more evenly across its many islands…
