indonesiabrief.com/ — Bao An Group China Expands Battery Material Investment, Positions Indonesia as New Energy Downstream Hub
A new wave of foreign investment has arrived in Indonesia, this time from Shenzhen-based new energy giant, China Bao An Group Co. Ltd.
The delegation, led by Bao An Group CEO Kevin Chen and accompanied by senior executives including Cao Jieming (Director of the Legal Department), Zhong Chuangyao (Assistant Director of the Finance Department), Huang Guan (Assistant GM of the Investment Department), Lv Wenjie (Assistant Director of the General Office), Yang Shuzhan (Deputy GM of BTR New Material Group), Wu Lei (President Director of PT Indonesia BTR New Energy Material), and Ismeth Wibowo (Senior Advisor of PT Indonesia BTR New Energy Material), held a series of high-level strategic meetings in Jakarta.
On Monday, July 28, 2025, the delegation was officially received by the Minister of Investment and Downstream Industries/Head of BKPM, who also serves as CEO of Danantara, Rosan Perkasa Roeslani. He was accompanied by the Ministry Secretary/Principal Secretary Heldy Satrya Putra, Deputy for Investment Implementation Control Dr. Edy Junaedi Harahap, and Communications Advisor Bayu Mahendra.
This new investment builds upon previous commitments totaling USD 777 million, which have been channeled into the development of facilities at the Morowali Industrial Park in Central Sulawesi and the Kendal Special Industrial Park in Central Java.
Rosan P. Roeslani welcomed the commitment enthusiastically.
“Bao An Group’s additional investment reflects the international community’s confidence in Indonesia’s downstream ecosystem and energy transition agenda. We will continue to ensure every investment is realized and delivers tangible benefits for domestic industry,” Rosan emphasized.
The following day, Tuesday, July 29, 2025, the Bao An Group delegation met with Deputy Minister of Industry Faisol Riza, accompanied by House of Representatives Commission VII member Kaisar Abu Hanifah, Special Advisor to the Deputy Minister Jek, and senior officials from the Ministry of Industry.
Deputy Minister Faisol Riza underscored the importance of constructive collaboration between the government and the private sector to strengthen the country’s manufacturing sector.
“This investment commitment will reinforce our industrial structure, enhance production capacity, and drive inclusive economic growth,” Faisol stated.
Through its subsidiary PT Indonesia BTR New Energy Material, Bao An Group has established itself as a key player in the global new energy supply chain, particularly in the electric vehicle battery industry. With this additional investment, Indonesia is set to become one of Southeast Asia’s largest downstream battery material hubs.
This move also sends a strong signal that Indonesia is increasingly being recognized as a major player in the future energy landscape.
https://indonesiabrief.com/chinas-bao-an-group-strengthens-investment-commitments-in-indonesias-new-energy-sector/
