Jakarta, May 25 -- Indonesia's sovereign wealth fund management agency, Danantara, has revealed that four Chinese companies are interested to invest in and establish electric vehicle (EV) manufacturing plants in the country.
"There are many [companies that are interested in investing], but the most certain ones are probably three or four. I cannot mention the names yet," Danantara Chief Investment Officer (CIO) Pandu Sjahrir remarked during the Global Business Summit on Belt and Road Infrastructure Investment in Jakarta on Sunday.
According to Sjahrir, these four companies have expressed interest in various segments, including EV battery development, data centers, and consumer services. "We will look at each case individually," he added...
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