VinFast, Vietnam’s leading electric vehicle (EV) manufacturer, held a groundbreaking ceremony on July 15, 2024, for its first assembly plant in Subang, West Java. The facility will produce right-hand drive versions of its e-SUV models, including the VF 3, VG 5, VF 6,...
Indonesian authorities have approved Eni SPA, an Italian multinational energy company, for its offshore Gehem and Geng North fields development plan. The plan includes constructing a new production hub with a capacity of approximately two billion cubic feet of gas per...
Indonesia has signed a purchase agreement with ACWA Power, a Saudi-based developer of power and water desalination projects, to develop the 92 MWp Saguling floating solar power plant in West Java. This collaboration marks a key step in advancing the country’s...
The Indonesian government has eased its local content requirements in the energy sector to attract concessional funding for renewable energy projects from international development banks, according to a report from Reuters. The news agency cited the Deputy Minister of...
Turkish defense firms Aselsan and Roketsan have entered into strategic agreements with Indonesia for defense industry transfers under the coordination of Türkiye’s Presidency of Defense Industries (SSB). These agreements were signed in Jakarta, marking a...
The Agriculture Ministry is setting aside 1.5 million hectares of land for dairy farming to support the President-elect’s Free Meal Program, which seeks to provide lunch and milk to students nationwide. This land allocation will facilitate the import of 1.5...
Bio Farma and Novo Nordisk Indonesia have entered into a collaboration to develop local manufacturing processes for diabetes medications in Indonesia. This partnership aims to improve access to affordable and high-quality diabetes treatments, enhance chronic disease...
Indosat Ooredoo Hutchison has introduced a set of AI-powered, cloud-based tools aimed at improving the upstream oil and gas sector in Indonesia. The tools, offered through Indosat Business and its subsidiary Lintasarta, were unveiled at a meeting of the Special Task...
Millennium Challenge Corporation’s (MCC) CEO Alice Albright recently visited Indonesia to review the progress on the USD 649 million Indonesia Infrastructure and Finance Compact, which is set to launch in September. This grant is aimed at addressing the...
Indonesia has formalized a regulatory framework for ensuring the quality of seafood products exported to the U.S. Announced by the Ministry of Maritime Affairs and Fisheries (KKP) last July, the agreement will implement a quality and safety assurance system for marine...
SCYTALYS, a leading Greek provider of Defense Interoperability Systems and a member of EFA GROUP, has announced the successful handover of the System Interoperability Kodal (SIK) program to the Indonesian Armed Forces (TNI). This collaboration follows the completion...
The Indonesian government has been presented with proposals to create seven new special economic zones (SEZs), as stated by the acting secretary general of the SEZ National Council. These proposed SEZs are intended for locations in Java, Sulawesi, and the Nusantara...
