Indonesia and China have bolstered their economic ties by sealing three investment deals totaling approximately $2 billion during the Indonesia-China Partnership Forum in Jakarta. The agreements are set to enhance cooperation in critical sectors such as renewable energy, manufacturing, and infrastructure, marking a significant step in the bilateral relationship between the two nations.
The centerpiece of these agreements is the construction of a 300-megawatt agrivoltaic solar power plant in North Sumatra, an ambitious project valued at around $1.35 billion. This project, which integrates solar energy production with agricultural practices, is poised to become one of the largest renewable energy ventures in the region, underscoring the countries’ commitment to sustainable development.
In addition to the solar power initiative, other agreements were finalized between Indonesian food and beverage company Jobubu Jarum Minahasa and China’s Guangxi G. Taste Food Co., Ltd. A separate agreement also involved Telkom Properti Indonesia and CNEC Engineering Indonesia. These collaborations are expected to further enhance the industrial and technological capabilities of both nations.
Djauhari Oratmangun, Indonesia’s Ambassador to China, emphasized the government’s strategy to attract high-quality investments that not only create employment opportunities but also facilitate technology transfer and bolster domestic industries. He pointed out that future collaborations with China will likely focus on areas such as renewable energy, electric vehicles, artificial intelligence, smart manufacturing, and green technology.
According to data from Indonesia’s Ministry of Investment, Chinese investments in Indonesia amounted to $38.34 billion from 2021 to the first half of 2026, generating over 500,000 jobs. This substantial influx of capital highlights the growing economic partnership between Indonesia and China, aimed at fostering sustainable economic growth and development.
