Indonesia Adds Nickel Parks Worth Nearly $40 Billion To Strategic Plan

Indonesia’s outgoing government has included 16 strategic projects to receive state support, with a focus on five industrial parks for nickel processing aimed at boosting the country’s position in the global EV battery production supply chain. These projects are part of efforts to attract foreign investment leveraging Indonesia’s vast nickel reserves.

Key Points:

  • Addition of 16 strategic projects, including five industrial parks for nickel processing.
  • Total investment of 636.9 trillion rupiah ($39.58 billion) in Central and Southeast Sulawesi provinces.
  • Focus on attracting foreign investment for EV battery production leveraging Indonesia’s nickel reserves.
  • President-elect Prabowo Subianto plans to continue the current administration’s policies.
  • Support to expedite permits, aid in land clearing, and assist in financing for the projects.


Source: https://www.mining.com/web/indonesia-adds-nickel-parks-worth-nearly-40-billion-to-strategic-plan/


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