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Indonesian Sovereign Wealth Fund: Four Chinese Firms Aim to Invest and Establish Factories in Indonesia's EV Industry
2025-05-26 /
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Author：小编
On May 25, Pan Du, the Chief Investment Officer of Indonesia's sovereign wealth fund, "Danatara," disclosed that four Chinese companies intend to invest and construct factories in Indonesia's burgeoning electric vehicle (EV) sector, encompassing electric vehicle battery development, data centers, consumer services, and other related fields. Pan Du emphasized that each of these investment proposals will undergo meticulous scrutiny. Earlier, Mahardi Tunggul Wicaksono, an official from Indonesia's Ministry of Industry, had revealed that owing to the repercussions of US tariff policies, several automakers have shown keen interest in investing in EV factories and battery production facilities in Indonesia.
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