China's Nickel Smelter and Steel Plant Ventures Enter Papua

By Editorial Team 19/03/2024
Papua Map
Summary

Chinese company PT Sheng Wei New Energy Technology is set to construct a nickel smelter and steel plant in the Sorong Special Economic Zone (KEK Sorong) in Southwest Papua. George Yarangga, the Governor's Economic, Financial and Development Advisor, emphasized the necessity of the project to optimize the KEK Sorong in alignment with the central government's objectives.

Yarangga highlighted that this investment presents a significant opportunity for the growth and advancement of the KEK Sorong. He mentioned that local authorities have collaborated closely with the central government to facilitate the development of the smelter. "When issues arise during the investment process, we must address them with central government intervention to ensure the smooth progress of this smelter project," he stated on Mar. 17.

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