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Luhut says China ready to fork over for cutlery factory
China plans to build a cutlery factory in Indonesia, along with a petrochemical plant project in North Kalimantan, says Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan.
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Nickel smelting facilities operate on Feb. 8, 2024, at an industrial estate belonging to PT Obsidian Stainless Steel (OSS) in Morosi district, Konawe regency, Southeast Sulawesi. The smelter uses a rotary kiln electric furnace (RKEF) to produce stainless steel. (Antara/Jojon)
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oordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan said on Thursday that China had expressed interest in investing in the downstream nickel industry in Indonesia, namely with a cutlery factory.
"[China] has expressed its interest in joining us for stainless steel downstreaming [production] into forks, spoons, syringe needles and other products,” Luhut said on his Instagram account.
“And we will set up a dedicated area for this [factory]."
Additionally, Luhut said China would go ahead with its planned investment in a major petrochemical project in North Kalimantan. He expressed hope for a smooth investment process without any unforeseen obstacles.
"I am pleased that despite the recent global economic downturn, China has still confirmed that the petrochemical project will go on," he said.
Read also: CATL investment gives RI leg up in lithium battery production
Luhut also said there was a plan to establish a special industrial zone to help micro, small and medium enterprises (MSMEs) in North Kalimantan contribute to the development of the region’s petrochemical industry.
