News - Karawang EV Battery Plant Set to Begin Operations in Late July 2026, Boosting Clean Energy Investment

Karawang EV Battery Plant Set to Begin Operations in Late July 2026, Boosting Clean Energy Investment

Jul, 16 2026

The industrial zone in Karawang Regency, West Java, continues to strengthen its position as a hub for Indonesia's strategic industries. After more than a year of construction, the integrated electric vehicle (EV) battery manufacturing plant, developed through a collaboration between global companies and Indonesian state-owned enterprises, has entered its final stage of completion. The facility is scheduled to commence operations in late July 2026, marking a significant milestone in strengthening Indonesia's electric vehicle ecosystem.

The project is being developed by a consortium comprising Contemporary Amperex Technology Co. Limited (CATL), PT Aneka Tambang Tbk (Antam), and Indonesia Battery Corporation (IBC). Located in Karawang, the plant will have an annual production capacity of 15 gigawatt-hours (GWh) of battery cells.

Minister of Energy and Mineral Resources Bahlil Lahadalia confirmed that construction of the facility has been completed. He made the announcement after attending a meeting with President Prabowo Subianto at the Merdeka Palace in Jakarta on Monday (June 22, 2026).

"The electric vehicle battery project developed through the collaboration between CATL and Antam has been completed. Its inauguration is scheduled for late July," Bahlil said.

The battery plant forms part of Indonesia's integrated EV battery industry project, spanning the entire value chain from upstream to downstream under the government's mineral downstreaming strategy. The project covers nickel ore processing, refining, battery material production, and battery cell manufacturing to serve both the domestic electric vehicle industry and export markets.

The project carries a total investment value of approximately US$5.9 billion (around Rp96 trillion). It is being developed by Ningbo Contemporary Brunp Lygend Co. Ltd. (CBL)—a joint venture established by CATL, Brunp, and Lygend—in partnership with Antam and IBC as Indonesia's national partners.

Development of the battery industrial complex began with a groundbreaking ceremony led by President Prabowo Subianto in June 2025 in Karawang. Since then, the project has been accelerated as part of the government's strategy to increase the value-added of Indonesia's nickel resources while reducing dependence on raw material exports.

Prior to this project, Indonesia had already established its first EV battery cell manufacturing facility through PT HLI Green Power, a joint venture between Hyundai Motor Group, LG Energy Solution, and IBC, which began operations in Karawang in July 2024. With an investment of approximately Rp13.5 trillion, the facility became Indonesia's first EV battery cell manufacturing plant and one of the largest in Southeast Asia.

The commencement of operations at the CATL–Antam–IBC battery plant is expected to further strengthen Indonesia's position as one of the world's emerging electric vehicle battery manufacturing hubs. In addition to expanding the country's production capacity, the project is projected to create new employment opportunities, attract further investment in clean energy-based manufacturing, and reinforce Indonesia's electric vehicle supply chain—from nickel mining and mineral processing to the production of finished battery cells.

[SOURCE]

Waiting for Permendagri Rules, One West Java BUMD Will Be Closed This Year

Head of the Bureau of BUMD, Investment and Development Administration (BIA) of the West Java Regional Secretariat, Lusi Lesminingwati, revealed that currently the government is making efforts to accelerate the business of nine companies in Financial Institutions. In fact, one of them will be closed and is just waiting for regulations from the Minister of Home Affairs of the Republic of Indonesia (Permendagri). Likewise with several companies that are included in financial institution companies. Of the 15 BPR (Rural Bank) institutions, 11 of them are being encouraged to merge. “Actually, out of 41 BUMD (companies), there are 9 NLK (non-financial institutions), one of which we will close just waiting for the regulations from the Permendagri. While the other 8 we (are) encouraging the acceleration of their business because the problem of this non-financial institution (BUMD company) is Cash Flow,” said Lusi when exposing the condition of BUMD Jabar to Koran Gala. Lusi admitted that one of the hardest homework for the provincial government is currently in microfinance institutions (MFIs) because besides being slow, the dividend contribution from BPRs is still relatively small. “Indeed, in the future we are doing mergers for these 15 BPRs, although 4 of them are not in West Java but in the Banten Provincial Government. So we will encourage 11 to merge, while the other 4 we will try to sell our shares to the Banten Provincial Government,” he said. “Our hope is that by merging these BPRs, the business, scale will be bigger and in the end the dividends we receive will be higher,” she continued. Lusi admitted that BUMDs should be able to encourage the acceleration of development so that her party needs to improve the condition of BUMD companies in West Java. “Now related to the two that are really productive out of 41, the ones that dominate the contribution of dividends to the West Java Provincial Government are BJB and PT Migas Utama Jabar (MUJ),” he said. Regarding one of the BUMD companies that will be closed by West Java Province this year, Lusi revealed that one of them is PD Agribusiness and Mining (AP), even the remaining assets in the BUMD company have been inventoried for the name to be returned to the West Java Provincial Government. “The asset data is already there, we are just waiting for the Permendagrinya and the mechanism, which is certain that the assets should not be lost,” he said.** SOURCE

Jul, 24 2024

Minister of Tourism and Creative Economy Encourages Development of Creative Economy Potential in Cimahi City Through Creative Words

Cimahi, 4 April 2024 - Minister of Tourism and Creative Economy/Head of the Tourism and Creative Economy Agency (Menparekraf/Kabaparekraf) Sandiaga Salahuddin Uno encourages creative economy (ekraf) actors in Cimahi City to explore the superior potential of their region to the maximum through the Regency/City program (KaTa ) Creative 2024. While attending the 2024 Creative Words Workshop at Alam Wisata Cimahi, Jalan Colonel Masturi, Cimahi City, West Java, on Thursday (4/4/2024), Minister of Tourism and Creative Economy Sandiaga said that Cimahi City is an area with a diversity of socio-cultural potential, historical heritage, and nature which can be strong capital for local governments in developing the tourism ecosystem and creative economy, especially in developing the creative economy subsectors of animated films and videos, fashion and culinary. "We want to understand what creative economy actors need to be able to further improve their business. We are grateful that this city, which only has 3 sub-districts, is a creative city, and the subsectors chosen are animation and video, fashion and culinary. "Who knows, because Bandung has become a city of design, and Cimahi could also become a city of animation at world level," said Minister of Tourism and Creative Economy Sandiaga. According to Sandiaga, the large creative economic potential in Cimahi City can provide added value in strengthening the attractiveness of tourist villages around Cimahi City. The Minister of Tourism and Creative Economy also revealed that the City of Cimahi had carried out a pilot test of the Indonesian Creative Regency/City Self-Assessment (PMK3I) in 2018 and agreed on the Film, Animation and Video subsector as its leading creative economy subsector and to be the locomotive for the development of the creative economy in Cimahi City. Due to its consistency and strong commitment in developing the tourism sector and creative economy, in 2021 the City of Cimahi has also been designated as an Indonesian Creative Category. Minister of Tourism and Creative Economy Sandiaga Uno while reviewing one of the MSME fashion products participating in the 2024 Cimahi City Creative Word Workshop at Cimahi Tourism Nature, West Java, Thursday (4/4/2024). “The hope is that this Creative Word will become even stronger. And we have programs that we can collaborate on, such as AKI, ADWI. "And through this Creative Word, it is hoped that it can create 4.4 million new quality and sustainable jobs," said Minister of Tourism and Creative Economy Sandiaga. Cimahi City is the third location for the 2024 Indonesian Creative Regency/City Development Workshop (KaTa Creative) activities. This workshop activity is a form of commitment and consistency of the Ministry of Tourism and Creative Economy/Baparekraf in its efforts to understand the needs of creative economy actors and provide support and facilitation related to the development of tourism and the creative economy. Also accompanying the Minister of Tourism and Creative Economy, Deputy for Strategic Policy at the Ministry of Tourism and Creative Economy/Baparekraf Dessy Ruhati; Special Staff to the Minister for Security of Tourist Destinations and Strategic Issues, Brigadier General TNI Ario Prawiseso; Director of Creative Economy Infrastructure of the Ministry of Tourism and Creative Economy/Baparekraf, Oneng Setya Harini; Director of Destination Development I Kemenparekraf/Baparekraf S. Utari Widyastuti; and Director of Investment Management at the Ministry of Tourism and Creative Economy/Baparekraf, Zulkifli Harahap. Also present, Acting. Mayor of Cimahi Dicky Saromi; Head of the West Java Province Tourism and Culture Service, Benny Bachtiar; Head of the Culture, Tourism, Youth and Sports Service, Achmad Nuryana; and Partnership Executive/Business Development Bobobox, Dennis Depriadi. (SOURCE)

Apr, 05 2024

South Korean Investment Dominates Foreign Direct Investment in Purwakarta in 2025

South Korean investment became the main highlight in foreign direct investment in Purwakarta throughout 2025, reflecting strong investor confidence in the region’s economic potential. Purwakarta recorded a significant increase in investment realization during 2025. The latest data shows the dominance of foreign investors from South Korea. This achievement confirms Purwakarta’s position as an attractive investment destination in West Java. The Investment and One-Stop Integrated Service Agency (DPMPTSP) of Purwakarta Regency reported that the total investment realization reached IDR 12.47 trillion. This figure exceeded the target of IDR 11.20 trillion. This success was supported by a conducive business climate. Purwakarta Regent Saepul Bahri Binzein highlighted the strategic role of industrial areas in the region. These industrial zones have become the main attraction for global investors, including those from South Korea who contributed the largest share of foreign investment. Purwakarta Investment Realization Exceeds the 2025 Target From January to December 2025, Purwakarta successfully recorded a very encouraging investment realization. The total investment reached IDR 12.47 trillion. This amount exceeded the initial target of IDR 11.20 trillion, or 111.36 percent of the target. This achievement indicates a positive trend and increasing investor confidence in Purwakarta’s economic potential. The investment consisted of foreign direct investment (FDI) and domestic investment (DDI). Domestic investment contributed approximately IDR 9.58 trillion. Meanwhile, foreign direct investment (FDI) contributed IDR 2.89 trillion. This strong investment realization serves as a key indicator of regional economic growth and demonstrates the effectiveness of local government policies. Dominance of South Korean Investment in Purwakarta In addition to South Korea, several other countries also invested in Purwakarta. Japan contributed IDR 435.36 billion, Singapore IDR 383.85 billion, and the Netherlands IDR 295.85 billion. The diversity of foreign investors strengthens the region’s industrial ecosystem. The dominance of South Korean investment is closely related to the attractiveness of Purwakarta’s industrial areas. Many South Korean companies see significant opportunities in the manufacturing sector and other industries, while also benefiting from the region’s strategic location. Purwakarta Becomes an Investment Magnet in West Java This impressive investment achievement places Purwakarta in fifth position among the most attractive regencies or cities for investors in West Java during the January–December 2025 period. This represents a significant improvement for the region. Regent Saepul Bahri Binzein aims for Purwakarta to rise to fourth place this year. This target is supported by the presence of several strategic industrial zones, including Jatiluhur Industrial Smart City and Purwakarta Integrated Industrial Park (PIIP). In addition, the Megatama and Cikao Park industrial areas also serve as major attractions for investors. The availability of adequate industrial infrastructure further strengthens investor confidence and demonstrates the potential for sustainable economic growth in Purwakarta. [Source]

Mar, 09 2026

A series of New Toll Road Projects that will be Carried Out in the Prabowo Era

Jakarta, CNBC Indonesia - The Ministry of Public Works and Public Housing (PUPR) has targeted 34 PUPR projects to be implemented through the Government Cooperation with Business Entities (KPBU) scheme by 2025. Of this total, at least 10 toll road and bridge projects are included in the plan. Of the 10 toll road projects, three have entered the transaction stage with an investment value of IDR 91.99 trillion. The Gedebage-Tasikmalaya-Ciamis (Getaci) toll road, which will be the longest toll road on the island of Java, will enter the transaction stage in 2025. "For those in the transaction stage in 2025 in the road and bridge sector, there are 3 toll road projects with a length of 265.5 km with an investment value of IDR 91.99 trillion, namely the Gedebage-Tasikmalaya-Ciamis (Getaci) Toll Road, the Gilimanuk-Mengwi Toll Road, and the South Sentul-West Karawang Toll Road," said PUPR Director General of Infrastructure Financing Triono Junoasmono in a written statement, Monday (9/9/2024). Furthermore, seven of them are still in the preparation stage with an investment value of IDR 124.02 trillion. Meanwhile, three toll road projects. The Ciranjang-Padalarang Toll Road, Bandung Inner City Toll Road, Pejagan-Cilacap Toll Road are three of the seven that are already in the preparation stage. Previously, Triono said that of the 34 projects that will be implemented through the Government Cooperation with Business Entities (KPBU) scheme in 2025, ten are toll road projects, 14 PPP projects are in the Water Resources (SDA) sector, seven are PPP projects in the residential sector, and three housing sector PPP projects. (SOURCE)

Sep, 20 2024

Subang Records Rp18.20 Trillion in Investment Realization, Highest in the Rebana Region and 4th in West Java

Subang Regency has once again achieved a remarkable milestone in the investment sector. Based on the 2025 investment realization data released by the West Java Investment and One-Stop Integrated Services Agency (DPMPTSP), Subang recorded a total investment realization of Rp18.20 trillion. This achievement places Subang as the highest-performing region in terms of investment realization within the Rebana Metropolitan Area and ranks it fourth across West Java Province, behind Bekasi Regency, Karawang Regency, and Bogor Regency. Within the Rebana region, Subang's investment performance significantly outpaced other areas. Sumedang Regency ranked second with Rp5.63 trillion in investment realization, followed by Cirebon Regency with Rp4.01 trillion, Majalengka Regency with Rp3.36 trillion, and Indramayu Regency with Rp3.35 trillion. The strong performance highlights Subang’s growing appeal as one of West Java’s emerging investment destinations. The development of several national strategic projects in the regency has been a key driver in attracting substantial investment inflows. The expansion of Patimban Port, the development of modern industrial estates, access to the Cipali Toll Road, and support from the Rebana Metropolitan Area have all become important catalysts for accelerating regional economic growth. Continuous infrastructure improvements have further enhanced Subang’s attractiveness to both domestic and international investors. In addition to leading investment realization in the Rebana region, the Rp18.20 trillion achievement reinforces Subang’s role as one of the key engines of West Java’s economy. The incoming investments are expected to create new employment opportunities, boost industrial activity, and generate positive impacts on community welfare. The Subang Regency Government continues to promote a business-friendly environment and accelerate investment services to sustain this growth momentum. With its abundant potential and strategic advantages, Subang is increasingly well-positioned to become a new center of economic growth in West Java and the northern corridor of Indonesia. This achievement also serves as tangible proof that the slogan “Subang Ngabret” is reflected not only in infrastructure development but also in the growing confidence of investors in the future of Subang Regency. [SOURCE]

Jun, 23 2026

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