News Room - Business/Economics

Posted on 18 Sep 2023

Indonesia to invite Geely to build EV plant in Indonesia

On September 14, Luhut Binsar Pandjaitan, Coordinating Minister for Maritime Affairs and Investments of Indonesia, said the government hopes to attract Geely to build an electrical vehicle plant in Indonesia.

Luhut said the government can offer nickel ore for producing batteries to support Geely. Geely also shows its interest in the possibility of building a plant in Indonesia.

Luhut said the president also supports this plan. Indonesia is seeking more chances to attract investment.

Source:Yieh