Jokowi Meets BYD Boss Today And Discusses Investments In An Electric Car Factory In Indonesia

RediksiaFriday, 28 July 2023 | 09:18 GMT+0000 - BEIJING, President Joko Widodo and President Xi Jinping held a bilateral meeting at the Jinniu Hotel in Chengdu, China, Thursday (July 28, 2023) after arriving at Sichuan's Chengdu Tianfu International Airport ( China) arrived were time.

A written statement from Indonesia's cabinet secretary said the working visit was to follow an invitation from the Chinese government and celebrate 10 years of comprehensive Indonesia-China strategic partnership.

invited a number of his ministers, including Maritime Affairs Coordinating Minister Luhut Binsar Pandjaitan and Investment Minister Bahlil Lahadalia, to discuss a range of collaborations, including in health, research and technology, on regional and global issues such as acceleration of climate change Negotiation of a code of conduct or code of ethics between China and ASEAN countries on the South China Sea.

On the first day of the visit, the President managed to secure eight agreements, including an action plan from the MoU on health, a protocol to open up market access for agricultural products made from porang flour, and a protocol to open up market access for agricultural products, tabasheer Powder.

In addition, there is an MoU on research and development for plant breeding and marine aquaculture industry, an MoU on cooperation in knowledge and experience sharing for the development of IKN, an MoU on cooperation in two countries, twin parks, an MoU on economic and technical collaboration and a MoU on collaboration in Mandarin education.

On the second day of the visit, Coordinating Minister of Maritime Affairs Luhut Binsar Panjaitan announced that several business meetings with various Chinese investors are planned in Jokowi.

One of them, together with , discussed plans to invest in electric car factories in Indonesia. Jokowi is preparing various incentive offers for BYD to support EV investments in Indonesia.

This step was taken to allow Indonesia to follow a number of other Asian countries that had previously signed cooperation agreements for EV assembly.

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