Jakarta, INTI - Indonesia and China have signed three Memorandums of Understanding (MoUs) with a combined economic value of approximately US$2 billion (around Rp36 trillion) during the Indonesia–China Partnership Forum held in Jakarta on Thursday, July 23, 2026. The agreements cover strategic sectors including green energy, the food and beverage industry, property development, and engineering.
Green Energy Project and Industrial Partnerships
Indonesian Ambassador to China Djauhari Oratmangun announced that one of the key agreements involves the development of a 300-megawatt (MW) agrivoltaic solar power plant in North Sumatra.
The agrivoltaic solar project is expected to become one of the largest green energy initiatives in the province, with an estimated investment value of US$1.35 billion.
Beyond renewable energy, Indonesia and China also formalized a partnership in the food and beverage sector through an agreement between PT Jobubu Jarum Minahasa Tbk and Guangxi G. Taste Food Co., Ltd.
Another MoU was signed between PT Telkom Properti Indonesia and PT CNEC Engineering Indonesia to strengthen cooperation in property development and engineering.
Djauhari emphasized that the Indonesian government continues to enhance the country's investment climate by streamlining licensing procedures, improving the business ecosystem, providing greater legal certainty for investors, and fostering a more open and competitive economy.
The government is also prioritizing high-quality investments that facilitate technology transfer, generate employment opportunities, strengthen human capital, reinforce domestic industries, and create greater value within Indonesia.
Indonesia Promotes Technology-Driven Strategic Partnerships
According to Djauhari, green energy and emerging technologies present significant opportunities to deepen Indonesia–China strategic cooperation.
Indonesia is accelerating the adoption of renewable energy, expanding its electric vehicle ecosystem, strengthening its battery manufacturing industry, and developing green industrial zones.
The country is also encouraging collaboration in artificial intelligence (AI), smart manufacturing, digital industries, green technologies, and industrial automation.
"Indonesia is not merely a technology market, but a productive partner, an innovation partner, and a growth partner," Djauhari stated.
He noted that the two countries possess complementary strengths. China brings advanced capabilities in technology, manufacturing, capital, and supply chain management, while Indonesia offers a large domestic market, abundant strategic natural resources, a productive workforce, and a strong commitment to industrial transformation.
Djauhari added that China remains one of Indonesia's leading trading partners and investors. Future cooperation is expected to go beyond increasing trade and investment volumes by attracting high-quality, sustainable investments that deliver tangible economic benefits for both countries.
According to data from Indonesia's Ministry of Investment and Downstream Industry/Investment Coordinating Board (BKPM), China's realized investment in Indonesia reached US$38.34 billion between 2021 and the first half of 2026, creating more than 500,000 jobs across the country.
Conclusion
The newly signed US$2 billion Indonesia–China agreements underscore both countries' commitment to accelerating green energy, industrial development, and technology-driven investment. By promoting renewable energy, advanced manufacturing, and innovation, the partnerships are expected to strengthen Indonesia's industrial transformation while creating sustainable economic growth and employment opportunities.
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