Governor Ahmad Luthfi Invites Chinese Entrepreneurs to Develop Renewable Energy Projects in Central Java
The Central Java Provincial Government is taking proactive measures to accelerate investment in new and renewable energy (EBT). Governor Ahmad Luthfi, accompanied by provincial officials, attended a dinner for the 12th cohort of the DBA Entrepreneur Scholar program by the Cheung Kong Graduate School of Business (CKGSB) at the Grand Hyatt, Jakarta, on Friday (22/5/2026).
The event was attended by dozens of Chinese entrepreneurs who have already established investments in Indonesia. Addressing the group, Governor Luthfi expressed his appreciation for the event and presented a package of strategic investment opportunities focusing on the renewable energy sector and large-scale waste-to-energy projects. He extended an invitation to Chinese investors to visit Central Java, emphasizing the province’s openness to foreign capital.
Investment realisation in Central Java reached IDR 110.02 trillion in 2025, comprising IDR 50.86 trillion in Foreign Direct Investment (PMA), IDR 37.64 trillion in Domestic Direct Investment (PMDN), and IDR 21.52 trillion from micro, small, and medium enterprises (UMK). In the first quarter of 2026, investment realisation in the province reached IDR 23.02 trillion, with economic growth recorded at 5.89 per cent.
Luthfi stated that Central Java is serious about developing new economic drivers through renewable energy and waste management. Seven specific projects are currently being offered to investors, including solar power plants, micro-hydro, biogas, biomass, swamp gas, waste-to-energy, and geothermal energy. “We are opening wide opportunities for waste processing investment in Central Java, which will assist our renewable energy goals,” he said in a press release.
Furthermore, there are seven industrial and special economic zones distributed across various regencies and cities in Central Java. China remains one of the highest sources of investment in the province, with a value of approximately IDR 10.13 trillion.
During the meeting, Cu Longhua, CEO of PT WOOK Global Technology, noted that expanding networks between entrepreneurs from various industries is essential. He highlighted that the participating companies offer high-quality industrial resources compatible with sectors such as ecological protection, solid waste management, ecological restoration, new energy industries, digital technology, high-end manufacturing, and modern agriculture.
Benjamin Pan, CEO of PT AAC Technologies Holding, remarked that as one of Southeast Asia’s largest economies, Indonesia offers vast market potential, an excellent development environment, and significant growth prospects. “We see possibilities for unlimited collaboration,” he added.