On 29 July 2025, during a press conference on the realisation of investments in the second quarter and first half of 2025, Minister of Investment/BKPM Rosan Perkasa Roslani announced that a Chinese company specialising in coconut processing had begun construction of a factory in Indonesia. Rosan stated that the company is the world's largest coconut processing company. The company has plans to construct coconut processing facilities in multiple cities. In the initial phase, the company has committed an investment value of USD 100 million, equivalent to IDR 1.6 trillion. However, the Chinese coconut processing industry has begun constructing factories in Indonesia, though the company's name and the location of the factory construction have not yet been disclosed. Previously, Indonesia exported unprocessed coconuts; however, moving forward, processing will be undertaken domestically to increase the export value of coconuts.
Thursday, 31 July 2025 10:26