Indonesiantalk.com — Chenxi Chengetai Investments Potential to Become a Gold Mining Investment Partner in Indonesia
Chenxi Chengetai Investments, a global investment company that currently owns six gold mines in Zimbabwe and four gold mines in Myanmar, is exploring investment opportunities in the gold mining sector in Indonesia.
In line with this, representatives from Chenxi Chengetai Investments held a meeting with the Acting Director General of Minerals and Coal, Dr. Ir. Muhammad Wafid, A.N, MSc, on Monday, July 10, 2023, at the office of the Directorate General of Minerals and Coal, located at Jalan Prof. Dr. Soepomo No. 10, South Jakarta.
Several officials from the Directorate General of Minerals and Coal were present at the meeting, including Dr. Ing Tri Winarno, ST as the Director of Mineral and Coal Program Development, Ir. Yose Rizal, MSi as the Director of Mineral Business Development, and Ir. Iman Kristian Sinulingga as the Secretary of the Directorate General of Minerals and Coal. Andri Budiman Firmanto, the Coordinator of Production Monitoring and Mining Supervision, was also in attendance.
Meanwhile, from Chenxi Chengetai Investments, the Executive Director, Fang Yu Lin, and the Assistant to the Chairman, Luo Tianran, were present. They were accompanied by their local partners, the Director of PT Berkah Investama Nusantara, Ismeth Wibowo, and the Commissioner of PT Berkah Investama Nusantara, Teddy Harijono.
During the meeting, Chenxi Chengetai Investments expressed their commitment to further explore investment opportunities in the gold mining sector in Indonesia.
The company’s success in managing gold mines in Zimbabwe and Myanmar serves as evidence of their credibility and expertise in the gold mining industry. They hope to establish partnerships with local companies in Indonesia to expand their investment network and contribute to the development of the gold mining sector in the country.
The Acting Director General of Minerals and Coal, Dr. Ir. Muhammad Wafid, welcomed Chenxi Chengetai Investments’ interest in investing and expressed his appreciation for the company’s success in managing gold mines in other countries. He highlighted the Indonesian government’s commitment to promoting investment in the mining sector by maintaining conducive regulations and providing easy access for investors.
This meeting marks the initial step in exploring mutually beneficial cooperation between Chenxi Chengetai Investments and local partners in Indonesia. Both parties agreed to continue further discussions to evaluate the technical, legal, and financial aspects related to this potential collaboration.
Chenxi Chengetai Investments aims to make a tangible contribution to the development of the gold mining sector in Indonesia and create new opportunities for foreign investment that can drive economic growth and generate employment opportunities.
