Deputy Minister of Industry Faisol Riza said the presence of the Daya Anagata Nusantara Investment Management Agency can help stabilize Indonesia's investment climate in the electric vehicle (EV) ecosystem development sector.
"One of them is (stabilizing the investment climate of the EV ecosystem)," said the Deputy Minister of Industry when met at his office in Jakarta, Friday.
This follows the government's efforts to increase the share portion for the joint venture (JV) battery downstream project through BPI Danantara, by more than 30 percent, in accordance with the direction of President Prabowo Subianto.
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