Indonesia Gains New Investment Deals

The new investments in the energy sector are in line with Indonesia’s energy transition policy to achieve zero emissions by 2060.

KOMPAS/BENEDIKTUS KRISNA YOGATAMA

President Joko Widodo (fourth from left) and his entourage take pictures in front of the Indonesia Pavilion Dubai Expo 2020, Thursday (4/11/2021). He was accompanied by Coordinating and Investment Minister Luhut Binsar Pandjaitan (second from left) and Trade Minister Muhammad Lutfi (third from right). They took a photo with a number of officials from the United Arab Emirates.

Indonesia has gained US$35 billion in investment commitments at the Dubai Expo 2020, with a portion of the investments allocated for emission-free programs.

DUBAI, KOMPAS — Indonesia recorded new investment deals worth US$35 billion (Rp 503 trillion) at the Dubai Expo 2020 in the United Arab Emirates, with partnership commitments in renewable energy, tourism, health, and infrastructure.