Jokowi kicks off UAE visit with renewable energy deal as Indonesia seeks funding for energy ambitions

14-Jan-2020 Intellasia | JakartaPost | 12:39 AM Print This Post

President Joko “Jokowi” Widodo has dedicated the first of a two-day official visit to the United Arab Emirates (UAE) to attracting more Middle Eastern investment, starting with a multi million dollar solar power plant project in West Java. Jokowi met on Sunday with, among other luminaries, the directors of metal producer Emirates Global Aluminium (EGA), multinational retailer Lulu Group, financing firm BRS Ventures and renewable energy company Masdar. Masdar is slated to finance the 145 megawatt ( MW) Cirata solar power plant. The Rp 1.8 trillion (US$131.2 million) plant will become Indonesia’s largest solar plant, a title currently held by the 15MW Likupang plant in North Sulawesi. “It’s not true that Indonesia only seeks investment from China and Singapore. We seek investment from every country,” said Coordinating Investment Board (BKPM)…



Category: Indonesia

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