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A consortium of companies has started the construction of the first green industrial park of Indonesia in Tanah Kuning, Bulungan Regency, North Kalimantan. A solar power plant will also be constructed in the area. In cooperation with China and UAE, the park will be built in a 30,000-hectare area.
Minister of Maritime Affairs and Investment Luhut Binsar Pandjaitan said, “The battery industry being built here is not only nickel-based but also nickel-free. We are also building a solar panel factory and precision engineering plant.”
“Indonesia’s economic transformation starts here where we will manage our natural resources from the upstream to downstream to create massive job availability,” President Joko Widodo said.
The step to building the park was taken to support the efforts of reducing CO2 emissions and using renewable energy. An investment of $ 132 billion will be required for the same and $ 130 billion has already been collected for the same.
Adaro’s Vice President Director, Ario Rachmat, said, “We are optimistic that global demand for aluminum products will keep rising, particularly for cable, battery, and chassis. We also expect that going forward, other industries, which require aluminum, such as solar panels and electric vehicles, can be produced in this facility.”
According to President, the area would be supported by hydropower plants from the Kayan River. The project is developed by PT Kalimantan Industrial Park Indonesia (KIPI) led by Adaro’s President Director Garibaldi Thohir.