BKPM: Green Energy Projects Become Indonesia's Attraction for Foreign Investors - BCA Sekuritas
Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani believes that government programmes related to the development of green energy and new renewable energy (EBT) are becoming an attraction for foreign investors to invest in Indonesia.
“This aligns with the desires of investments, especially from abroad. Because this is an investment that has a positive impact on life and the environment in the future,” said Rosan during a press conference in Jakarta on Thursday.
“The existing programmes align with their investment appetite, so (interest in investing in clean energy in Indonesia) is increasing,” he added.
Furthermore, he stated that the Indonesian government itself is committed to accelerating the Net Zero Emission (NZE) target of 2060 to 2050, thus programmes related to the development of clean energy continue to be pursued.
Minister Rosan exemplified the acceleration of the conversion of diesel power plants (PLTD) to solar power plants (PLTS), which is in line with President Prabowo Subianto’s directive to increase PLTS capacity to 100 GW.
In addition, there are projects related to the development of geothermal power plants (PLTP) or geothermal, which he recently mentioned have attracted interest from Japanese investors.
“Things like this, besides government stability, also the government’s priority programmes align with their appetite to invest in Indonesia,” said Rosan.
He hopes that with the increasing interest from global investors to participate in investing and developing environmentally friendly energy projects, it can have a broader impact, including in job absorption.
Rosan said that the Indonesian government is very open to the potential provision of various facilities and stimuli for investors who are committed to developing green energy and its impact on the domestic employment sector.
“If the investment is in the renewable sector, job absorption is high, we are open to providing incentives as well. So our parameter, incentives are given not merely based on the large investment value, but what we look at is also in terms of its job absorption,” said Rosan, who is also the CEO of Danantara.