REPUBLIKA.CO.ID, JAKARTA - Chinese investor will pour investment worth 1.6 billion USD in an investment project with PT Aneka Tambang, the state-controlled gold and nickel miner. In Eastern Indonesia, China also eyes Kalimantan, Sulawesi and Maluku.
"There will be a memorandum of understanding berween the two governments to build industrial zone, particularly in eastern Indonesia which has sources of mineral," Ministry of Industry, MS Hidayat said on Tuesday.
China plans to continue investing in Indonesia, particularly in mineral investment, such as nickel. Indonesia and China also establish trade and economic cooperation zone in Bekasi, which is actively followed by 30 Chinese investors.
Chinese investor still continue to negotiate with Antam, for example, to determine location of mining. There, Chinese government will invite major investors to build a smelter. Hidayat added, if the MoU have been agreed, Indonesia would earn bigger profits than before.
Because, for decades, Indonesia always exports raw minerals mostly to China. The raw material's export makes Chinese industry grows rapidly. The development of industrial estates in Eastern Indonesia will help to success mineral downstream program.
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