Jokowi to Visit BYD Factory during China Trip

Jakarta. President Joko “Jokowi” Widodo plans to visit the assembly plant of electric vehicle manufacturer BYD in Chengdu, China, during his official trip to the country later this week, a close aide said on Tuesday.
BYD has not formally invested in Indonesia but local distributor VKTR Teknologi Mobilitas recently announced a plan to import 30 BYD electric buses for land transportation operator TransJakarta.
"BYD has expressed interest in investing in Indonesia and on the 27th we will visit Chengdu during President Jokowi’s trip to China," Chief Investment Minister Luhut Binsar Pandjaitan said in Jakarta.
Luhut added that the government has prepared various incentives for EV investments in Indonesia to attract global manufacturers to set up assembly plants here.
Luhut said after visiting Chengdu, he plans to meet with Tesla boss Elon Musk in California early next month for EV investment talks.
Tags: Keywords:Related Articles
Is This the MPV That Will Kill the Alphard? BYD Registers M9 Design in Indonesia
BYD registers the design of its premium M9 MPV in Indonesia, signaling a potential launch amid the EV giant’s rapid market expansion.Indonesia Prepares New Poverty Line Formula to Align with Global Standards
In April, the World Bank’s Macro Poverty Outlook reported that 60.3 percent of Indonesians lived below the poverty line in 2024.China Adds Indonesia to 10-Day Visa-Free Transit Program
The visa-free transit expansion aims to enhance cooperation with ASEAN while boosting trade, investment, and cultural exchange.China-Led Investments to Offset Indonesia’s Recent Job Cuts, Luhut Says
Luhut says 67,000 new jobs could open by end-2025, fueled by Chinese-led factory projects in small towns despite current mass layoffs.BYD Indonesia Confirms Its Operations Unaffected by Shandong Closures
BYD Indonesia confirms local operations remain unaffected after 20 dealerships in China shut down due to a partner’s financial troubles.Brazilian Prosecutors Sue China's BYD Over Allegations of Slave-Like Labor Conditions
Last year, Brazilian authorities rescued 220 Chinese workers from the construction site of BYD’s new factory in the city of Camaçari.Prabowo Praises China’s Consistent Support for the Palestinian People
Prabowo further asserted that Indonesia-China cooperation should go beyond economic interests.Benzoin Resin Touted as Next Big Commodity in Indonesia’s Downstream Strategy
Luhut Pandjaitan says benzoin resin, or kemenyan, holds untapped potential for Indonesia’s downstream strategy and rural economic growth.Jokowi Vows to Show Original Diploma in Court, Says Investigation Ongoing
Jokowi says his fake diploma case is still under investigation by Jakarta police, despite the National Police dropping a similar complaint.Luhut Proposes $1 Billion Joint Investment Between Indonesia’s Danantara and China’s Sovereign Wealth Entities
During a high-level meeting with Chinese Foreign Minister Wang Yi, Luhut proposed the creation of a joint sovereign wealth initiative.The Latest
Iranian Missile Strikes Show Israel's Aerial Defense Array Is Not Ironclad
Too many projectiles launched at once can overwhelm the system, which relies on technology and human decision-making to be effective.Russia Ready to Boost Oil Supplies to Indonesia, Putin Tells Prabowo
Putin tells Prabowo that Russia is ready to ramp up oil and LNG supplies to Indonesia.Indonesia’s Bumi Resources to Acquire Australian Gold and Copper Miner Wolfram Limited
The acquisition is Bumi's strategic move to expand into critical minerals amid growing global demand for green energy transition metals.Morowali Industrial Park Pledges Reforms After Environmental Warning from Minister
Despite the setback, Dedy stressed that IMIP uses advanced technology to reduce emissions from its nickel smelters.Russia's Economy Minister Says the Country Is on 'The Brink of Recession'
High defense spending has propelled growth and kept unemployment low in Russia despite fueling inflation.Most Popular
