JAKARTA - President Prabowo Subianto who was accompanied by Vice President Gibran Rakabuming Raka, Coordinating Minister for Economic Affairs Airlangga Hartarto, Minister of Investment and Downstreaming/Head of BKPM Rosan Roeslani, Minister of State Secretary Prasetyo Hadi, and Cabinet Secretary Teddy Indra Wijaya, received visits from a number of representatives from South Korean companies who are members of the Federation of Korean Industries at the Merdeka Palace, Jakarta, Monday, April 28.
One of the main highlights is the Lotte Chemicals project which is scheduled to be inaugurated in September-October 2025. This meeting is proof of a strong commitment between Indonesia and South Korea in strengthening economic and investment cooperation.
Coordinating Minister for Economic Affairs Airlangga Hartarto told reporters that the total investment value of the 19 Korean business groups reached nearly US$15.4 billion. It is planned that there will be additional investment of US$1.7 billion.
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