Luhut Says Chinese Solar Panel Company Wants to Invest IDR 62 Trillion!

Jakarta - Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan conveyed the results of his deputy's working visit to China. During the working visit, his deputy finalized an investment plan for one of the companies that produces the largest raw materials for solar panels in the world.

No joke, the finalized investment plan reaches US$ 3.5 billion to US$ 4 billion or around Rp. 54.95 trillion to Rp. 62.8 trillion (exchange rate Rp. 15,700).

"After returning from an official trip to China, Seto, my Deputy, told me that his official trip this time was the most efficient compared to the others. Even though it was carried out during the fasting month, the team I assigned managed to get 3 investment commitments in just 3 days. "

I feel this is the luck of those who continue to fast even though they are working," Luhut wrote on his Instagram as quoted on Tuesday (19/3/2024). "Starting their journey in Shanghai, they met with one of the companies that produces the largest raw materials for solar panels in the world.

The purpose of this meeting was to finalize an investment plan which is estimated to be quite fantastic, namely around US$ 3.5-4.0 billion," continued Luhut. After finishing the meeting in Shanghai, they went to Ningbo to visit a vertically integrated textile company. 

Luhut likened the company to Foxconn for Apple. The companies visited were 'Foxconn' for Nike, Adidas, Puma and Uniqlo. (Datiknews.com)