{
    "success": true,
    "data": {
        "id": 1574497,
        "msgid": "indonesia-to-develop-electricity-from-waste-foreign-developers-must-transfer-technology-1772166255",
        "date": "2026-02-27 09:30:00",
        "title": "Indonesia to Develop Electricity from Waste, Foreign Developers Must Transfer Technology",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Energy",
        "summary": "Indonesia's Danantara Investment Management is moving forward with Waste to Energy (WTE) projects across four cities\u2014Bekasi, Denpasar, Yogyakarta, and Bogor\u2014with mandatory technology transfer requirements for foreign partners. The first phase of development requires approximately USD 600 million in total investment, structured with 70% debt and 30% equity financing, whilst positioning waste management transformation as a catalyst for systemic regional improvements.",
        "content": "<p>Jakarta \u2014 Indonesia\u2019s State Investment Management Body, Danantara\nInvestment Management (DIM), is accelerating the rollout of Waste to\nEnergy (WTE) projects, which convert waste into electricity, whilst\nrequiring all foreign developers to transfer technology as a condition\nof partnership.<\/p>\n<p>Fadli Rahman, Director of Investments at DIM, emphasised that the\ncompany mandates foreign partners to undertake technology transfer as\npart of collaboration agreements. This is accomplished through the\nengagement and training of local workforce.<\/p>\n<p>\u201cTechnology transfer is essential,\u201d Rahman stated. \u201cThe condition\ndepends on how many local employees work on these projects. That\u2019s\ncrucial. Local workers will receive training, and regional government\nofficials will also be trained\u2014sent to China, Japan, or Europe to learn\nhow this operates.\u201d<\/p>\n<p>Rahman stressed that WTE projects are not merely about burning waste\nto generate electricity. Rather, these initiatives are designed as\ncatalysts for transforming waste management systems in the regions where\nthey operate.<\/p>\n<p>\u201cWaste to Energy projects are not simply about burning waste to\nproduce electricity. These are waste management projects designed as\ncatalysts for transforming waste management systems in those regions,\u201d\nhe explained.<\/p>\n<p>Rahman disclosed that investment requirements for WTE projects in the\ninitial phase average between USD 150\u2013170 million per location. The\ninitial development stage encompasses four cities: Bekasi, Denpasar,\nYogyakarta, and Bogor.<\/p>\n<p>\u201cThe total investment for the first batch averages USD 150\u2013170\nmillion per location. Let\u2019s say USD 150 million for simplicity. So the\ntotal investment for the first batch across four regions would be USD\n600 million,\u201d Rahman noted.<\/p>\n<p>Regarding financing, DIM has established a funding structure\ncomprising 70% debt and 30% equity. The partnership arrangement allows\nforeign partners to hold a majority stake.<\/p>\n<p>\u201cDIM holds 30% whilst the foreign partner holds 70%, so funding comes\nentirely from abroad. This constitutes Foreign Direct Investment (FDI),\u201d\nhe added.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesia-to-develop-electricity-from-waste-foreign-developers-must-transfer-technology-1772166255",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}