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View all search resultsA video circulating on social media over the weekend shows a tense exchange between individuals claiming to represent Kadin’s Cilegon branch and Chengda Engineering Co, a contractor for the CA-EDC project by petrochemical giant PT Chandra Asri Pacific.
The Industry Ministry is set to meet with an Apple executive on Jan. 7-8 to hash out a new deal so the US tech giant can sell the iPhone 16 to Indonesian consumers by complying with local content rules, with a possibility for the investment ministry to take the lead if it opts to set up a local production factory instead.
As the year draws to a close, the Ministry of Investment and Downstream Industry/BKPM (Investment Coordinating Board) has reminded investors to promptly submit their Investment Activity Report (LKPM) for Q4 2024. These reports serve as a key basis for evaluating national investment performance and assessing the impact of various investment policies implemented throughout the year.
The Ministry of Investment and Downstream Industry/BKPM (Investment Coordinating Board) has held an Expose of Strategic Investment Downstreaming Research, which takes the theme “Strategic Investment Downstreaming: Creating Added Value, Advanced Indonesia”.
A minister said the President had pitched the giant seawall project to Japanese business leaders through flexible cooperation schemes, in a bid to woo potential investors to the mega infrastructure project aiming to mitigate coastal erosion and subsidence.
President Prabowo Subianto, accompanied by Investment and Downstream Minister/Investment Coordinating Board (BKPM) head Rosan Perkasa Roeslani, attended an exclusive meeting with corporate members of the United States-Indonesia Society (USINDO) in Washington, DC, on Monday. The meeting, which took place on the second day of President Prabowo’s state visit to the United States, aimed to strengthen cooperation between Indonesia and the US in the fields of the economy, investment, education and defense.
During the Milken Institute Asia Summit 2024, Minister of Investment/Chairman of the Investment Coordinating Board (BKPM) Rosan Perkasa Roeslani stated that collaboration was the key to tackling global threats.
Investment Minister and Chairman of the Investment Coordinating Board (BKPM) Rosan Roeslani has commended PT Nippon Shokubai Indonesia for its commitment to advancing the petrochemical industry in Indonesia. The company is set to commence construction of its fourth expansion phase in Cilegon, Banten, in 2025 with operations expected to begin by 2027.
After six years of delays, PT Lotte Chemical Indonesia’s (LCI) massive Rp 59.37 trillion (US$3.84 million) petrochemical investment project is finally nearing operation. On Wednesday morning in Cilegon, Banten, Investment Minister and Chairman of the Investment Coordinating Board (BKPM), Rosan Roeslani, visited the LCI industrial area to directly assess the company’s readiness to commence commercial production in March 2025.
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