Indonesian Political, Business & Finance News

Japan's JBIC Ready to Fund Green Energy Projects in Indonesia Through Danantara Partnership

| Source: GALERT
JAKARTA, investor.id – The Investment Management Agency (BPI) Danantara has announced that the Japan Bank for International Cooperation (JBIC), its newest partner, is ready to fund green energy and renewable energy projects in Indonesia.

According to Danantara CEO Rosan Roeslani, Danantara has established a strategic partnership with JBIC. The cooperation was described as a key outcome of his visit to Japan last week.

"JBIC will provide long-term funding for projects, particularly renewable energy and sustainability-focused projects, especially in green energy," said Rosan after attending a working meeting and public hearing with Commission XI of the House of Representatives at the Parliamentary Complex in Senayan, Jakarta, on Wednesday (23/7/2025).

Rosan interpreted JBIC's readiness to fund green projects in Indonesia as a sign of trust from the international community and investors from other countries in Danantara. He noted that JBIC is not the only strategic partner prepared to invest in Indonesia.

Rosan said the Qatar Investment Authority (QIA), Qatar's sovereign wealth fund, has already agreed to establish a joint fund worth US$4 billion. Beyond that, China's sovereign wealth fund, the China Investment Corporation (CIC), Russia's Russian Direct Investment Fund (RDIF), and Saudi Arabia's Public Investment Fund (PIF) are also set to collaborate.

Rosan therefore stressed that Danantara needs to maintain this positive momentum by consistently implementing world-class governance in investment and operations.

"That is what we are safeguarding, and once again, I would like to thank the leadership, especially the Chairman of Commission XI, who continues to provide guidance and input to us," said Rosan.

On the same occasion, Commission XI Chairman Mukhamad Misbakhun stated that the meeting between Commission XI and BPI Danantara discussed Danantara's corporate work plan and budget (RKAP), which must be consulted with the commission.

"In accordance with the plenary decision on 1 July 2025, it was decided that Danantara and the Investment Holding as well as Public Service Obligation (PSO) matters fall under Commission XI, whilst the Operational Holding falls under Commission VI," he said.

Misbakhun added that Danantara also discussed specific investments in detail. He expressed hope that Danantara's investments would drive Indonesia's future economic growth in line with President Prabowo Subianto's expectations.

"We see that Danantara has excellent projects that can fill investment spaces where the state plays a role and subsequently drives economic growth," Misbakhun affirmed.
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