A landmark project of cooperation between China and Indonesia under the Belt and Road Initiative framework is providing "replicable practices" that can serve as a model for the sustainable development of the global nickel supply chain.
The Indonesia Morowali Industrial Park is a joint venture between Shanghai Dingxin Investment Group — a subsidiary of China's Tsingshan Industrial — and Indonesia's Bintang Delapan Group, with industries spanning stainless steel, carbon steel, coking, and new energy battery materials. IMIP is aligning with the Eco-Industrial Park framework of the United Nations Industrial Development Organization, exploring ways to integrate resource circulation and industrial synergy into park strategy, management, project implementation, and performance evaluation.
Speaking in Vienna, Austria, Ciyong Zou, deputy to the director general and managing director of the Directorate of Technical Cooperation and Sustainable Industrial Development of UNIDO, stated that UNIDO attaches great importance to the strategic cooperation on the Industrial Park for Sustainable Development with global partners, including Tsingshan Industrial .
"We look forward to strengthening our collaboration to advance relevant projects in Indonesia's industrial parks, and to developing replicable practices that can serve as a demonstration model for the sustainable development of the global nickel supply chain," he said.
The UNIDO Circular Economy and Green Industry Week, held from Nov 2 to 4 in Vienna, brought together some 300 representatives from policy, industry, finance, academia, and international cooperation, with a theme of "Shaping the Future of Industry: Circular, Cleaner, Competitive".
At the breakout session of "Transforming Industrial Supply Chains for a Circular Economy" on Nov 3, Xiangbin Ou, deputy general manager of IMIP's ESG (environmental, social, and governance) and Sustainable Development Department, shared IMIP's practices in promoting efficient resource utilization within enterprises and industrial collaboration across industries.
Since its inception in 2013, IMIP has harnessed the region's abundant nickel reserves to grow into a large integrated industrial cluster, attracting a total investment of more than $40 billion from enterprises in China, Australia, Singapore, and Indonesia and generating over 100,000 direct jobs.
