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Visiting Germany, Bahlil Persuades VW Bosses to Build a Battery Cell Factory in Indonesia

JAKARTA, KOMPAS.com – Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia paid a working visit to Germany. On the second day of his working visit, he met with Volkswagen AG (VW) Chief Executive Officer (CEO) Thomas Schmall von Westerholt.

During the meeting, Bahlil tried to persuade the VW boss to build a battery cell factory for electric vehicles in Indonesia, which the government is currently intensifying.

“On the second day of my working visit to Germany, I had a meeting with Volkswagen AG (VW) on Friday morning local time. I tried to convince VW to make cathode precursors for electric vehicle batteries in Indonesia. As part of supply chain raw materials for their battery factories and electric vehicles around the world,” he said, quoted from Bahlil’s official Instagram account, Monday (11/10/2021).

Also read: To Foreign Investors, Bahlil Offers Ease of Licensing and Low Costs

Bahlil assured Thomas that the government would make it easier for foreign investors to invest in the country.

“The government has committed to developing an electric vehicle ecosystem from upstream to downstream. We at the Ministry of Investment are ready to support and facilitate the supply of raw materials through collaboration with local entrepreneurs and MSMEs in Indonesia,” Bahlil continued.

Not only focusing on electric vehicles, before meeting the VW boss, Bahlil had a meeting with B Braun. Company engaged in the field of medical devices and pharmaceuticals. The company has invested in Indonesia since 2019, with an investment value of 80 million euros.

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There is a discourse that B Braun wants to expand his investment in the Asia Pacific region, including in Indonesia. From this signal, he began to try to approach the company.

“This company, which has facilities and offices in many countries, said that currently it will focus on the Asia-Pacific, especially in Indonesia. This is what we must pursue, incentive support can also be given to B Braun in accordance with applicable regulations so that the plan to expand investment in Indonesia can go fast,” he said.

Meanwhile, on the first day of his working visit in Germany, Bahlil visited the multinational chemical producer BASF. He said BASF is interested in developing the electric vehicle raw material industry.

“BASF is interested in developing its investment in the nickel and cobalt smelter industry which is the raw material for electric batteries,” he said.

In addition, he also visited SEW EuroDrive, a manufacturer of propulsion technology. Bahlil also tried to persuade the company to invest in Indonesia with the lure of facilitating licensing and facilitating construction sites.

Also read: Seduce Investors, Bahlil Says Indonesia Has Changed

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