Indonesia and China have reached an agreement on 16 new investment projects, with a total investment value of $2.19 billion (approximately IDR 36.4 trillion). These projects span multiple sectors, from basic metals and seafood processing to advanced technologies such as drones, batteries, and artificial intelligence.
These projects are part of efforts to deepen bilateral industrial cooperation between Indonesia and China under the “Two Countries, Two Parks” (TCTP) framework.
“These projects cover a range of strategic fields, including basic metals, meat and seafood processing, textiles, tea, furniture, drones, batteries, and artificial intelligence.”
Given the market size and industrial strength of both nations, the partnership between Indonesia and China holds significant economic potential.
“This is indeed an important milestone, demonstrating the open and extensive cooperation between the two countries. It is a vast market that provides opportunities for businesses and for both nations.”
The 16 projects were initiated under a Memorandum of Understanding within the “Indonesia-China Cooperation Mechanism” (TCTP) framework, witnessed jointly by the leaders of both countries and formally signed in May 2025.
The “Indonesia-China Cooperation Mechanism” aims to promote downstream industry development, facilitate cross-border investment, and integrate the supply chains of Indonesia and China, particularly in the manufacturing and resource-based industries.
Looking ahead, Indonesia expressed willingness to engage in deeper cooperation in higher value-added fields.
“Indonesia welcomes broader cooperation in areas such as infrastructure, logistics, downstream industries, manufacturing, renewable energy, the digital economy, artificial intelligence, quantum computing, food security, healthcare, and human capital development.”
