조코위 인니 대통령 국내 기업인과 간담회…투자 활성화 논의

The President of Indonesia, Joko Widodo, has arrived at South Korea's presidential office.He started his schedule today, though, by first meeting with some of the country's top business leaders.
President Widodo and his administration are keen on attracting more investment from Korea's biggest firms.
Our Han Seong-woo has more.
Ahead of his summit with President Yoon, Indonesian President Joko Widodo met with South Korean business executives in Seoul on Thursday to discuss ways for Korean companies to strengthen investment in his country and bolster economic cooperation.
Among those firms was one of the world's largest steel companies, POSCO... which signed an MOU with the Indonesian government and Indonesian state-owned steelmaker PT Krakatau Steel to boost production capacity and participate in the construction of its new capital city.
POSCO and Krakatau Steel will jointly invest 3.5 billion U.S. dollars over the next five years to build a second blast furnace and a cold rolling mill for Krakatau-POSCO.
A consortium led by LG, meanwhile, is pursuing an 8.5 billion dollar project to establish a value chain for electric vehicles in the Southeast Asian country.
Last year, Hyundai Motor and LG Energy Solution began building an EV battery plant in Indonesia with the aim of starting production in the first half of 2024.
Indonesia has one of the world's largest deposits of nickel, a core material for EV batteries.
After Thursday morning's business dialogue, Widodo was originally due to stop by Hyundai Motor's Namyang R&D Center but had to cancel due to the tight schedule of his visit... and sent other officials instead.
But the president had a separate talk with the head of the company Chung Eui-sun, with whom he reportedly discussed smart city technology and future industries, including eco-friendly mobility.
Han Seong-woo, Arirang News.

#Indonesia #President #investment

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2022-07-28, 17:00 (KST)

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