Recently, Conch Investment Holdings (Hong Kong) signed an investment cooperation agreement with Tiran Group in Indonesia, with an initial planned investment of 10 trillion Indonesian rupiah (about 3.714 billion yuan), including lithium battery anode material factories, plastic packaging factories, wind power plants and garbage power plants, and a total investment of more than 10 billion yuan. It shows that Conch has accelerated the expansion of new energy and environmental protection tracks outside the main cement industry.
The agreement was signed by Tiran Nusantara Group Operations Director Andy Kariyadi and Conch Director Li Xin, and witnessed by Tiran Nusantara Group Chairman and Commissioner Andy Amar Marouf Suleiman.
The cooperation projects cover lithium battery anode material factories, plastic packaging factories, wind power plants, waste incineration power plants, etc. Conch is not a newcomer to Indonesia, where it has invested 30 trillion rupiah.
"This cooperation confirms the confidence of international partners in Indonesia's investment environment and national industrial capacity.". We are committed to building downstream industries that can create 5000 jobs and enhance economic self-sufficiency. Rezki Mulyadi, Public Relations Department of Tiran Group, said.
Tiran Group is an Indonesian business group founded by Agriculture Minister Andy Amran Suleiman (Andi Amran Sulaiman). At present, it has dozens of subordinate enterprises and thousands of employees, and its business territory has expanded to mining, energy, trade, logistics, industrial parks and other sectors.
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