UAE Investing Over USD 32 Billion in Indonesia

UAE Investing Over USD 32 Billion in Indonesia

It has recently been disclosed that the United Arab Emirates (UAE) is investing USD 32.7 billion in Indonesia across different sectors, including for Covid-19 vaccine manufacturing and distribution. Cooperation between the Indonesian Investment Authority and...
Yili Group Builds Largest Ice Cream Factory in Indonesia

Yili Group Builds Largest Ice Cream Factory in Indonesia

PT Yili Indonesia Dairy, a subsidiary of the Yili Group, has just completed its new smart ice cream factory at the Greenland International Industrial Center, Bekasi, West Java. The construction cost around IDR 2 trillion (USD 139 million). The site covers an area of...
Volta to Manufacture 5,000 E-motorcycles Per Month

Volta to Manufacture 5,000 E-motorcycles Per Month

PT Volta Indonesia Semesta, a joint venture subsidiary of PT NFC Indonesia Tbk and PT SiCepat Ekspres Indonesia, has recently announced plans to produce 60,000 electric motorcycles per year at its newly built factory located in Semarang, Central Java. It will be the...