China might have dominated new major investments in Indonesia, which are mostly focused in metal processing (nickel, copper, and silica sands), but South Korea has stepped up presence through some big initiatives as well. Other than Lotte Chemical’s US$5 billion petrochemical project in Banten, LG Energy Solutions and Hyundai have laid foundations for the country’s ambition to become global hub for electric vehicle (EV) ecosystem. To subscribe please click here
