Jakarta, CNBC Indonesia – Chairman of the Indonesian People's Consultative Assembly and Deputy General Chair of the Golkar Party, Bambang Soesatyo, revealed that two companies from China are planning to invest up to IDR 75 trillion in Indonesia.
The two are PT Sheng Wei New Energy Technology and Beijing Jianlong Heavy Industry Group Co, Ltd (Beijing Jianlong). Meanwhile, the investment is aimed at building a nickel smelter and steel manufacturing plant using green economic methods in the Special Economic Zone (KEK) of Sorong Regency, Southwest Papua.
According to Bamsoet, the company's existence will provide added value to the economy of the Papuan people, especially in terms of providing employment opportunities and improving community welfare.
“It is estimated that more than 3,000 workers will be employed to operate the nickel smelter and steel factory,” said Bamsoet after receiving the ranks of PT Sheng Wei New Energy Technology and Beijing Jianlong, in Jakarta, Wednesday (20/3/2024).
Also present at the meeting were representatives of PT Shengwei, Mr. Ru Guo Sheng, Vice President Senior Professor Engineer Beijing Jianlong Mrs. Huang Dan, SINO Group Indonesia Randy Irianto and Dani Peng, and MCC Group Beijing Mr. Yu Zheng Fei
Bamsoet said that Beijing Jianlong is a large-scale company group. It operates in a variety of industries including resource exploration, mining, mineral processing, smelting, processing, mechanical and electrical product manufacturing.
“The company has a crude steel production and rolling capacity of 35 million tons, ranking eighth in the world and fifth in China. The company also ranked 137th among the top 500 Chinese companies in 2020 and 50th among the top 500 top Chinese manufacturing companies in 2020,” said Bamsoet.
[Gambas:Video CNBC]
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