Citaglobal inks battery cell plant pact in Indonesia

Citaglobal executive chairman and president Tan Sri Mohamad Norza Zakaria (front right) exchanging documents with IBC President Director Toto Nugroho (front left) at the MoU signing ceremony. Looking on are Malaysia's Prime Minister Datuk Sri Anwar Ibrahim (centre), and (from left) Minister Foreign Affairs Malaysia Minister Datuk Seri Diraja Zambry Abd Kadir, International Trade and Industry Malaysia Minister Tengku Datuk Seri Utama Zafrul Abdul Aziz, Foreign Affairs of Indonesia Minister Retno Marsudi and Public Works & Public Housing of Indonesia Minister Basuki Hadimuljono

KUALA LUMPUR: Citaglobal Bhd has inked a memorandum of understanding (MoU) with Indonesia Battery Corp (IBC) for a proposed battery cell manufacturing plant and battery energy storage system (BESS).

The signing ceremony in Jakarta, witnessed by Prime Minister Datuk Seri Anwar Ibrahim, was executed between Citaglobal executive chairman and president Tan Sri Dr Mohamad Norza Zakaria and IBC president director Toto Nugroho.