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Indonesia, US Automaker Tesla to Sign Investment Deal Soon

Indonesia and Tesla, the US automaker, are scheduled to sign a non-disclosure agreement (NDA) on investment soon, an official said on Monday, February 1.

“The plan is the team from Tesla and our team [Coordinating Maritime Affairs and Investment Ministry] will sign a non-disclosure agreement or NDA soon, maybe this week,” Jodi Mahardi, a spokesperson for Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan told Kompas.com.

However, Jodi did not elaborate on further details regarding the investment plan. He only said that Luhut frequently talks with the team from Tesla.

“Mr. Luhut already talked with them five times,” Jodi added.

Jodi said the delegations from Tesla have canceled their visit to Indonesia this month due to the Covid-19 restrictions. They followed the policies of the Indonesian government who bans foreign nationals from entering the country as its Covid-19 caseload continues to climb.

Source: https://go.kompas.com/read/2021/02/02/154018274/indonesia-us-automaker-tesla-to-sign-investment-deal-soon.