
© Reuters.
JAKARTA (Reuters) – Indonesia’s state-owned enterprises minister stated on Friday {that a} Chinese language consortium would make investments $5 billion in an electrical batteries enterprise, which would come with China’s Modern Amperex Expertise (CATL).
Erick Thohir was talking throughout a go to to China and was referring to a deal introduced late final 12 months, the place CATL would make investments $5 billion in a lithium battery plant in Indonesia and would begin manufacturing in 2024.
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