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Siemens presents 2 billion euros investment strategy to boost future growth, innovation, and resilience

To boost future growth, drive innovation and increase resilience, Siemens today, July 16, 2023, presented its investment strategy which includes €2 billion mainly for new manufacturing capacity as well as innovation labs, education centers and other own sites.

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Construction Conference Paves Way for more Collaboration between German and Indonesian Companies

The German-Indonesian Chamber of Commerce and Industry (EKONID) successfully held on Tuesday, June 13, a Business Conference on Construction Machinery & Building Material Plants as part of a German trade mission to Indonesia to help bridge companies from both countries in establishing business relations.

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ALBA Group starts construction of US$60 million plant in Kendal, C. Java

ALBA Group, the German-based world-leading recycling and environmental services company as well as raw material provider, has started the construction of its US$60 million waste processing facility in Kendal Industrial Park (KIP), Central Java.

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Beiersdorf inaugurates factory expansion in Malang, E. Java

Beiersdorf, the German-based manufacturer of personal care products known for its Nivea skincare product lineup, inaugurated the expansion of its factory in Malang, East Java, as part of its commitment to strengthening its presence and fulfilling the growing demand for personal care.

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Green construction critically needed in Indonesia

Indonesia’s per-capita income continues to grow from year to year and so do its population. Meanwhile, the environmental threats from climate change loom and sustainable and ecological-friendly property and infrastructure are increasingly in demand. Amidst all this, technological sufficiency and human resources capacity hamper Indonesia’s construction industry.

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EKONID Info Session on IKN usher in opportunities for potential collaboration

On May 25, 2023, EKONID held an Info Session to introduce the Procurement Process for Indonesia's New Capital City Nusantara (IKN Nusantara). More than 30 company representatives from across Indonesia attended the event to learn more about the US$33 billion government project.

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More and more investments in the nickel sector

Indonesia's nickel processing is growing unabated: At the end of March 2023, the US automobile manufacturer Ford announced that it would invest 4.5 billion US dollars in a joint venture with China's Zhejiang Huayou Cobalt and the mining group Vale Indonesia. Specifically, it is a plant for high-pressure acid leaching (HPAL - High Pressure Acid Leaching) in the province of Southeast Sulawesi. At the end of January 2023, BASF announced that it was examining the construction of a $2.6 billion nickel processing plant in Sulawesi together with the French company Eramet. Indonesia is in negotiations with the electric car manufacturer Tesla about investments in the nickel sector. Volkswagen is also considering getting involved.

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President Jokowi, Chancellor Scholz inaugurates Indonesia Pavilion at Hannover Messe 2023

Indonesia President Joko “Jokowi” Widodo and German Chancellor Olaf Scholz officially opened the Indonesia Pavilion at Hannover Messe 2023, the world’s largest industrial trade fairs, on Sunday, April 16.

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Indonesian construction market steadily recovers

Apart from some operational disruptions due to the Russia-Ukraine war and the still-ongoing pandemic, the construction industry in Indonesia – which is segmented by the key sectors of commercial, residential, industrial, infrastructure, as well as energy and utility construction – is steadily recovering.