Indonesia s Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan on May 30 revealed that the country can receive an estimated 31.9 billion USD in investments for project tied to battery supply chain by 2026.
Malaysia has set a goal to become a shipbuilding and ship repair (SBSR) hub in Asia, according to the Malaysian Investment Development Authority (MIDA).
Indonesia s Minister of Investment Bahlil Lahadalia and Minister of State at the Department for Business and Trade of the UK Nusrat Ghani have discussed downstreaming investment opportunities in the critical mineral sector and electric battery development.
Indonesian Coordinating Minister for Human Development and Cultural Affairs Muhadjir Effendy has outlined three priority programmes to create superior human resources.
The US Ambassador to the Association of Southeast Asian Nations (ASEAN) Yohannes Abraham said the US supports the bloc's efforts to preserve the international rules-based order in the Indo-Pacific.