Go to Contents Go to Navigation

(LEAD) S. Korea, Indonesia to discuss stronger ties on nuclear energy, key minerals

Economy 16:30 May 15, 2023

(ATTN: ADDS plan to build joint research center in last 3 paras)

SEOUL, May 15 (Yonhap) -- South Korea and Indonesia will discuss ways to boost bilateral cooperation on nuclear power generation, supply chains of major minerals and other advanced industry sectors, Seoul's industry ministry said Monday.

First Vice Industry Minister Jang Young-jin is on a four-day trip to Jakarta from Sunday for talks with senior Indonesian officials, including the country's economic minister, Airlangga Hartarto, and energy minister, Arifin Tasrif, on industry issues of mutual interests, according to the Ministry of Trade, Industry and Energy.

South Korea will propose enhanced ties in the nuclear power industry, as Indonesia announced a plan to build its first commercial nuclear power plant by 2039 to achieve net-zero goals.

Jang also plans to discuss joint research projects with the officials to strengthen cooperation on supply chains of major minerals, as well as ways to work more closely on batteries and electric vehicles (EVs).

Indonesia is the world's No. 1 producer of nickel, and South Korea secures advanced technologies in the battery and EV sectors.

"The vice minister will ask for Indonesia's support for South Korean firms operating there in such fields as EV batteries and petrochemicals. He will also have a meeting with South Korean companies in Indonesia to devise various supportive measures," a ministry official said.

On Monday, the two nations held a ceremony to mark the establishment of an e-mobility cooperation center in Jakarta, according to the ministry.

The envisioned center, set to open around September, will play a major role in South Korea's support of Indonesia with the Southeast Asian nation's establishment of EV-related infrastructure through joint research and development projects, and policy consultations.

The Seoul government also plans to distribute 65 South Korean EVs and 90 electric motorcycles, as well as 71 chargers, in a pilot project to be conducted by the center, it added.

This file photo shows South Korean President Yoon Suk Yeol (L) chatting with Indonesian President Joko Widodo ahead of a South Korea-Indonesia business roundtable at Bali Nusa Dua Convention Center in Bali, Indonesia, on Nov. 14, 2022. (Yonhap)

This file photo shows South Korean President Yoon Suk Yeol (L) chatting with Indonesian President Joko Widodo ahead of a South Korea-Indonesia business roundtable at Bali Nusa Dua Convention Center in Bali, Indonesia, on Nov. 14, 2022. (Yonhap)

graceoh@yna.co.kr
(END)

HOME TOP
Send Feedback
How can we improve?
Thanks for your feedback!