Indonesia aims to produce EV batteries meeting global standards

Indonesia can produce battery materials using green energy while still paying attention to carbon emissions.

Indonesia can produce battery materials using green energy while still paying attention to carbon emissions.

Chairperson of the Indonesian Chamber of Commerce and Industry (Kadin) Anindya Bakrie has highlighted the country's ambition to become a reference for electric vehicle (EV) battery material processing standards in the world.

In the context of the global supply chain, their ambition is not only limited to producing battery materials for electric vehicles, but also how to produce them, he said during a panel discussion at the World Economic Forum (WEF) in Davos on January 21.

He went on to say that Indonesia can produce battery materials using green energy while still paying attention to carbon emissions.

Many Indonesian companies have supplied not only to China with their advanced technology, but also to Europe through Eramet and Volkswagen, and to the US through Ford.

They are optimistic that in September, Indonesia as a whole can meet major standards such as EMA (exponential moving average) 50, he added.

For developing its EV industry ecosystem, he said, Indonesia is open to business cooperation with all parties.

He emphasised that Indonesia wants and needs to play a role in the electric vehicle supply chain ecosystem. The nation has strong determination and the resources needed to contribute to the world, he added.

The government is targeting the construction of 100 gigawatts of power plants in the next 15 years, with 75% of the power coming from renewable energy. This 75-gigawatt figure is equivalent to the total installed generating capacity in Indonesia at present.

Parliaments

Indonesia launches new sovereign wealth fund
Parliaments

Indonesia launches new sovereign wealth fund

The new fund, known as Daya Anagata Nusantara, or Danantara, which is modeled on Singapore's investment arm Temasek, was approved by the parliament this month. It will take control of government holdings in state companies, with an initial budget of 20 billion USD.

Thailand to boost medical economy
Parliaments

Thailand to boost medical economy

According to the ministry's permanent Secretary Opas Kankawinpong, the Health Economics Department has recently been established to determine policies regarding health economics through data-driven analysis, allocate resources and create an efficient public health system that is fair and sustainable.

Indonesia boosts culinary tourism
Parliaments

Indonesia boosts culinary tourism

To promote Indonesian culinary tourism, the Indonesian Ministry of Tourism is currently focusing on culinary products to ensure that tourism products can move up a class. It is also paying attention to wellness tourism, gastronomy, marine, and fashion.

Lao, Cambodian legislative bodies enhance collaboration
Parliaments

Lao, Cambodian legislative bodies enhance collaboration

The two sides appreciated the strong and close collaboration between Laos and Cambodia as well as their legislative bodies, reflected through the implementation of the contents of the Memorandum of Understanding on cooperation between the two legislatures, such as all-level delegation exchanges, and experience sharing.