Indonesia to woo Tesla investment in push to become battery superpower | Malay Mail

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JAKARTA, Nov 13 ― Indonesian President Joko Widodo said he will send a high-level team next week to meet with top executives of US automaker Tesla as the Southeast Asian country aims to become the world's biggest producer of electric vehicle batteries. The president, known by his popular name...

Friday, 13 Nov 2020 06:00 PM MYT

The president, known by his popular name Jokowi, told Reuters in an interview today the trip will be part of Indonesia's promotion of its new, so-called “Omnibus” Job Creation law, which simplifies doing business in Indonesia.The trip comes after Jokowi congratulated US President-elect Joe Biden on his win. The Indonesian leader said he hoped a Biden administration would promote “stability” and “world peace”.

In a separate interview, Luhut said he would also hold meetings with the World Bank and US fund managers to talk about the Omnibus law and Indonesia's environmental projects. Indonesia's new Job Creation law, which harmonises 79 existing laws, has been met with criticism for relaxing environmental standards.

 

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