South Korean Economic Delegation Strengthens Ties with Indonesia
Key Ideas
  • A high-profile economic delegation from South Korea, led by Lotte Group chairman Shin Dong-bin, including executives from major companies, will visit Indonesia to enhance cooperation in energy, infrastructure, and digital industries.
  • Lotte Group is investing significantly in Indonesia with projects like a petrochemical plant and multiple retail locations, showcasing its commitment to expanding business operations in the country.
  • Hyundai Motor Group is focusing on clean hydrogen production opportunities in Indonesia, while HD Hyundai targets the construction equipment market by engaging in mining development initiatives.
  • The visit aims to strengthen economic ties, increase private-sector cooperation, and identify practical business opportunities that align with global trends and Indonesia's economic growth needs.
An economic delegation from South Korea, led by Shin Dong-bin, chairman of Lotte Group, is scheduled to visit Indonesia from April 28-29. The delegation comprises senior executives from major South Korean companies like Samsung, SK, Hyundai Motor, LG, POSCO, and more, aiming to enhance cooperation in energy, infrastructure, and digital industries with Indonesia. The visit, announced by the Federation of Korean Industries, will include a 'Korea-Indonesia Business Round Table' to facilitate discussions with key Indonesian government officials. Lotte Group's substantial investments in Indonesia, including a petrochemical plant and retail operations, highlight its dedication to expanding business in the country. Additionally, Hyundai Motor Group is focusing on clean hydrogen production in Indonesia, while HD Hyundai targets the construction equipment market through mining development initiatives. This visit is strategically focused on expanding mutual investments and identifying business opportunities aligned with global trends and Indonesia's economic needs. The proactive nature of this initiative signifies a step towards enhancing economic diplomacy between South Korea and Indonesia, underlining the commitment to bolstering trade and investment activities between the two countries.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2025 AdvanceH2, LLC. All rights reserved.