Indonesia, China prioritize key projects under Twin Parks scheme
Jakarta, July 23 -- Indonesia and China agreed to accelerate the implementation of the Two Countries Twin Parks (TCTP) initiative by compiling a prioritized list of key industrial projects aimed at driving trade, investment, and cross-border cooperation.
The agreement was forged during a bilateral meeting between Indonesia's Coordinating Minister for Economic Affairs Airlangga Hartarto and Fujian Province Deputy Governor Zhao Zenglian in Jakarta on Wednesday (July 22).
Central to the discussions is the rapid development of the Batang Industropolis Special Economic Zone (SEZ), which President Prabowo Subianto envisioned as "Indonesia's Shenzhen" following its inauguration in March 2025.
"One way to achieve this is by accelerating the im...
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