US-German Consortium to Develop Major Semiconductor Facility in Batam

Strategic Investment in Semiconductor Industry

A consortium comprising companies from the United States and Germany, led by PT Quantum Luminous Indonesia, is set to develop a large-scale semiconductor industry in Batam, Riau Islands. The total investment for this project is estimated at $26.73 billion, equivalent to approximately Rp444.57 trillion based on current exchange rates. The consortium includes PT Quantum Luminous Indonesia, PT Terra Mineral Nusantara, and Tynergy Group (comprising PT Energy Tech Indonesia and PT Essence Global Indonesia).

Comprehensive Industrial Development

The project involves the construction of facilities for semiconductor manufacturing, silica sand downstreaming, and high-tech glass production. These facilities will be located within the Wiraraja Green Renewable Energy and Smart-Eco Industrial Park on Galang Island, Riau Islands, which is designated as a National Strategic Project (PSN). According to Walter William Grieves, President Director of Quantum Luminous Indonesia, this initiative demonstrates the consortium's commitment to accelerating significant investments in the semiconductor and high-tech glass manufacturing sectors in Indonesia.

Economic and Technological Impact

This substantial investment is expected to have a significant impact on Indonesia's industrial development and technological advancement. The project will not only create economic value but also position Indonesia as a key player in the global semiconductor supply chain. The development of related industries such as silica sand processing and glass manufacturing will further enhance the project's overall economic benefits.