25, East Kalimantan Province of Indonesia (hereinafter referred to as Tonga Province) held an annual commendation conference for investment. Tonga Red Lion Cement Co., Ltd. was invited to attend the conference and won the first prize of "Best Foreign Direct Investment in Tonga Province in 2022". Dongjia Red Lion is an entity project of Red Lion Group, which is deeply involved in the national "the Belt and Road" and the "Digua Economy" in Zhejiang Province to upgrade the "No.1 Open Project". Ms. Puguh Harjanto, Special Representative of the Minister of National Investment of
Indonesia, attended the meeting and presented honorary certificates and medals to the Tongan Red Lion. Lai Weipeng, General Manager of Red Lion Group in Indonesia and General Manager of Dongjia Red Lion, came to the stage to receive the award on behalf of the company.
The conference was jointly organized by the Indonesian Ministry of National Investment and the Eastern Canadian Provincial Government, with about 300 participants from the top 100 domestic and foreign enterprises in the province, aiming at rewarding enterprises that have made significant contributions to the economic and social development of the province. We will take this commendation event as an opportunity to encourage and attract more domestic and foreign investors to invest in Eastern Canada and achieve win-win results. In August
2019, Indonesian President Joko Widodo announced that the capital would be moved from Jakarta to Tonga at a cost of about $33 billion, attracting a large number of domestic and foreign enterprises to invest in Tonga. With the acceleration of the process of moving the capital, the investment in infrastructure has increased substantially, and the cement demand market has broad prospects. New investment in Eastern Canada in 2022 increased by 107% compared with the previous year, of which 19.6% came from China, ranking first. Governor's special representative M. Christianus Benny said that as a new investment hot spot in Indonesia, East Canada is expected to grow further in 2023, and the East Canada provincial government and provincial investment department will further improve the business environment, improve the functions of one-stop investment and service institutions (DPM-PTSP), and enhance the level of investment services. Red Lion Group actively responded to the national "the Belt and Road" initiative, launched the internationalization strategy in 2013, gave priority to Southeast Asia and other countries along the "One Road" as the starting point, and invested about $3 billion to build 8 large-scale cement projects in Laos, Nepal, Indonesia and other countries. At present, three projects, Vientiane Red Lion in Laos, Red Lion Hope in Nepal and Red Lion in Indonesia, have been completed and put into operation, with a good momentum of development. Invested and constructed by the Red Lion Group, the Red Lion Project in Dongka,
Indonesia is located in Selangkau Village, Kalilolang Town, Dongkutai County, Dongka Province, 260 kilometers away from the newly-built capital. The project covers an area of 12600 mu (including 11000 mu of mine), with a mine reserve of 1 billion tons. It is planned to build a high-grade cement project with an annual output of 8 million tons, with a total investment of about 1 billion dollars. The first phase is to build a new dry process cement production line with a daily output of 10000 tons of clinker , supporting 50000 tons of bulk cargo seaport wharf, which is the first overseas cement project of Hongshi Group supporting large-scale wharf. Lai Weipeng, general manager of
Indonesia, said in an interview that the Dongjia Red Lion Project adheres to the principle of "advanced technology, reasonable equipment and first-class environmental protection", and adopts the advanced German Humboldt preheater, large roller press and vertical mill, with the main economic and technical indicators at the first-class level in the world. At present, the project is in the peak period of equipment installation, the second phase of the wharf project has been started, the construction and management personnel ensure the quality and safety, and strive to complete and put into operation in June. With the help of superior location and shipping conditions, the products can be exported to the Philippines, Malaysia, Bangladesh, Australia and other Southeast Asian and South Asian countries, with broad market prospects.
Dongjia Red Lion will practice the development concept of "righteousness and benefit, righteousness first", respect local customs and culture, actively participate in public welfare undertakings and assume social responsibility, which is highly recognized by local governments at all levels and surrounding communities. At the same time, we should actively absorb and cultivate local talents, integrate into the local community, increase the well-being of the local people, and continue to contribute to the local economic and social development.
浙公网安备33010802003254号