Indonesia sees China firms lead 'commitment' for US$35bil nickel investments


Activities at a nickel mining site. Indonesia expects to see investment in nickel processing, as well as petrochemicals, double to US$35 billion by 2033, led by investors from China seeking to expand their businesses in South-East Asia’s biggest economy. - The Jakarta Post/Asian News Network

JAKARTA, Oct 16 (Reuters): Indonesia expects to see investment in nickel processing, as well as petrochemicals, double to US$35 billion by 2033, led by investors from China seeking to expand their businesses in South-East's biggest economy.

Chinese steel and battery companies operating in Indonesia met with the country's Coordinating Minister for Maritime and Investment Affairs Luhut Pandjaitan during his recent visit to Yunnan province, the minister's spokesman Jodi Mahardi said.

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Indonesia , China , Nickel , Investment , US$35 Billion

   

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