Indonesia seeks further partnering with South Korea on EV development

Indonesia seeks further partnering with South Korea on EV development

South Korea's Doosan Group Vice Chairman HS Lee (left), the Coordinating Ministry of Investment and Maritime's infrastructure deputy Ridwan Djamaluddin (center) launched the Doosan Tech Day 2019 in Jakarta, Thursday (Nov 14, 2019). ANTARA/Afut Syafril/GTM

We are getting there, so today, we facilitate a meeting of Indonesia's companies and South Korean corporations
Jakarta (ANTARA) - The Indonesian government is targeting more partnerships with its South Korean counterpart to develop electric vehicles (EVs), an official of the Coordinating Ministry of Maritime and Investment stated here, Thursday.

According to the ministry's infrastructure deputy, Ridwan Djamaluddin, the partnerships will not solely be for the development of EVs but also for biofuel innovation.

"We are getting there, so today, we facilitate a meeting of Indonesia's companies and South Korean corporations. The meeting aims to seek the right partner of both sides," Djamaluddin remarked on the sidelines of the 2019 Doosan Tech Exhibition at the Assessment and Application of Technology Agency Building in Jakarta.

He expounded that the Seoul-based conglomerate Doosan Group will eye partnerships with some state-owned companies. The meeting was the outcome of Maritime and Investment Coordinating Minister Luhut Binsar Pandjaitan’s recent visit to South Korea in Sept this year.

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Hence, during today's meeting, the South Korean giant showcased some of its latest innovations in robotic-based heavy equipment. Meanwhile, for Indonesia's government, the meeting was an opportunity to invite the Doosan Group to establish more plants in the country.

"We expect South Korea's companies to relocate their plants to Indonesia, as it will be beneficial for both sides. For our counterparts in South Korea, they will get closer to the consumers and market in Indonesia," Djamaluddin explained.

On the meeting, the Doosan Group's Vice Chairman HS Lee reaffirmed his beliefs of both nations’ partnerships being intensified in the coming years.

"We have a sound partnership with Indonesia, and several potential areas, in terms of infrastructure and mobilization, had yet to be explored further," Lee remarked.

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