Karawang, West Java, June 29 -- Energy and Mineral Resources Minister Bahlil Lahadalia stated that the integrated electric vehicle (EV) battery factory megaproject in Java and North Maluku brings an additional US$ 6 billion in investments to Indonesia.

"Overall, the investment value of this project reaches US$5.9-6 billion, equivalent to around Rp100 trillion," Lahadalia stated during the groundbreaking ceremony for the Integrated EV Battery Industry Ecosystem project by the ANTAM-IBC-CBL Consortium at Artha Industrial Hills (AIH) here on Sunday.

Speaking in detail, the minister revealed that US$4.7 billion is invested in the factory site in North Maluku, while the rest of US$1.2 billion is for West Java's Karawang factory site.

"The p...