Batang SEZ Attracts Rp 1.5t EV Battery Investment from LBM
Jakarta. PT LBM Energi Baru Indonesia Batang, an affiliate of global battery giant Lopal Tech Company, has committed an initial investment of Rp 1.5 trillion in the Industropolis Batang Special Economic Zone (SEZ). The investment covers 31.72 hectares of industrial land, marking a major step in strengthening Indonesia’s electric vehicle (EV) supply chain.
The company, a subsidiary of LBM New Energy (AP) Pte Ltd., will develop its Batang facilities in three phases, with operations targeted to begin in June 2026. Once completed, the plant is expected to absorb up to 1,000 local workers and produce up to 150,000 tons each of Lithium Iron Phosphate (LFP) and FP annually, fully geared toward export markets.
The signing of the industrial land use agreement was formalized on Thursday by Industropolis Batang SEZ President Director Ngurah Wirawan and LBM Energi Baru Indonesia Batang CEO Washington Feng.
Beyond manufacturing, the Batang site will also host Indonesia’s largest research and development center for LFP, positioning itself as a hub for green battery innovation supporting EVs, e-boats, e-motorcycles, and advanced energy storage systems.
Wirawan said LBM’s entry reaffirms global trust in Batang’s industrial ecosystem. “We are proud that Batang is now part of the global new energy supply chain, while also creating broad opportunities for local and national economic growth,” he said in a statement on Friday
Feng highlighted the SEZ’s strategic location, world-class infrastructure, and supportive investment ecosystem as key reasons for choosing Batang. “From Batang, we will build a production and innovation center that answers global market demand,” he said.
Acting Batang Regency Secretary Sri Purwaningsih added that the investment not only brings technology and capital but also promises inclusive growth for the local community. “The regional government is committed to enhancing human capital, strengthening infrastructure, and fostering cross-sector collaboration to ensure the benefits are widely shared,” she said.
Tags: Keywords:Related Articles
South Korea’s Simone Invests $24.7 Million in Batang SEZ Factory
South Korea’s Simone will invest Rp 429 billion in a new export-oriented leather goods factory in Batang, creating 6,000 jobs.Sudan Invites Indonesian Investment in Agriculture and Halal Industry
Sudan offers Indonesia access to Africa’s halal market and fertile farmland to boost food security and trade ties.Indonesia Prepares Financial SEZ to Rival Singapore, Dubai
Indonesia readies financial SEZ to capture global capital and attract family offices as geopolitical risks shift investment flows.Indonesia Opens Door to Higher Coal, Nickel Output
Indonesia may relax coal and nickel output caps if global prices stay strong, as smelter demand outpaces current quotas.Special Economic Zones Attract 77% More Investment Than Other Regions
Indonesia’s Special Economic Zones attract up to 77% more investment and create more jobs than regions without SEZ status, a study shows.The Latest
Dear Mr. President, Don’t Skip ASEAN Summits
Despite calls for Prabowo to stay home, the Indonesian leader still needs to attend ASEAN summits.PLN Rushes Coal Supplies After Power Outages Hit Java
PLN is rushing to secure coal supplies after shortages triggered rolling blackouts across Java, disrupting businesses and daily life.Japan-Backed ADB Invests in Indonesia’s Human Capital
As many as 399 Indonesian awardees have joined the ADB-Japan Scholarship Program from 1988 to 2024.Indonesian Stocks Rise Despite Foreign Outflows as MSCI Review Looms
Indonesia's JCI rose 2.8% as easing geopolitical tensions offset foreign outflows, MSCI concerns and rupiah pressures.World Cup 2026: Paraguay Holds Off Turkey With 10 Men to Keep Knockout Hopes Alive
Matias Galarza scored after 65 seconds as 10-man Paraguay beat Turkey 1-0, eliminating the Turks and securing first place for the US.Most Popular
