Indonesian Coordinating Minister Luhut Hosts Talks in Beijing, Xiamen C&D Inc. Attends
13 / 2024/06Beijing, June 12th - Luhut Binsar Pandjaitan, Coordinating Minister of Maritime and Investment Affairs of Indonesia, and Djauhari Oratmangun, the Indonesian Ambassador to China, held a meeting with representatives from Xiamen C&D Inc. (600153.SH), Henan Jinli Gold and Lead Group, and Indonesia's KPC Group at the Peninsula Beijing Hotel.
During the meeting, Lin Mao, General Manager of C&D Inc., presented an overview of the company, detailing its business operations in Indonesia and expressing gratitude for the Indonesian government's support. Lin emphasized that the discussions provided valuable insights into the Indonesian market, reinforcing C&D Inc.' confidence in the country's growth prospects. He expressed a desire to deepen collaboration with both the Indonesian government and local enterprises, particularly in the mining sector.
Minister Luhut addressed the concerns and focal points raised by C&D Inc. and Henan Jinli, commending their achievements. He assigned a professional team to facilitate further cooperation between the companies. Luhut highlighted the Indonesian government's efforts to improve the investment climate, aiming to attract more foreign enterprises, including Chinese firms. He expressed his hope to see more success stories from Chinese companies in Indonesia, setting a benchmark for mutually beneficial cooperation.
In recent years, C&D Inc. has intensified its efforts to develop the Indonesian market. Its wholly-owned subsidiary, C&D Logistics, has established extensive collaborations with Indonesian mining and smelting companies, as well as upstream and downstream factories, in fields such as non-ferrous metals, ferrous metals, battery materials, and non-metallic materials. Looking ahead, C&D Inc. plans to increase its investments in Indonesia, working closely with partners along the mineral supply chain to contribute to the seamless flow of global mineral resources.
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