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.
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