JAKARTA,  Indonesia is constructing a 16,400-hectare industrial park, in its Kalimantan island, mainly for electric vehicle (EV) battery manufacturers, Indonesian President, Joko Widodo, said, yesterday.

“It will be the largest green industrial park in the world, and this is the future of Indonesia,” Widodo said, when visiting the industrial estate, located in Bulungan regency, North Kalimantan province.

The country is currently on track to boost its EV ecosystem and green energy transition. As one of the world’s largest nickel producers, a primary component of EV batteries, the country has been trying to attract investors for the industry.

Widodo said, the industrial park, set to start operation in early 2024, would fully adopt green technology, from using environment-friendly hydropower plant, to producing green products, such as the EV batteries. There will also be some petrochemical plants and aluminum manufacturers on the site.

“With the green industry concept, we invite all investors concerned with green products to invest here,” Widodo said.

Source: NAM News Network