Indonesia and Japan Forge Deals in Energy and Transportation Support

JAKARTA, Dec 20, 2023 – (ACN Newswire) – During his visit to Japan, Indonesian President Joko Widodo obtained support in several sectors, including energy, transportation, and the economy. The Indonesian President visited Tokyo to attend the Japan-ASEAN Summit on Saturday (Dec 16) and the AZEC Summit on Monday (Dec 18).

During Monday’s inaugural AZEC Summit (Asia Zero Emission Community), Indonesia obtained at least 24 energy transition projects. “The summit’s deliverables include 69 cooperation agreements on energy transition, 24 of which are projects that will be worked on together by Indonesia and Japan,” Foreign Affairs Minister Retno Marsudi said.

The 24 projects involve various parties, including state-run electricity company PT PLN, state-run fertilizer enterprise Pupuk Indonesia, the National Capital Authority (OIKN), and PPT Energy Trading Co. Ltd., and cover aspects such as capacity-building for energy transition, ‘waste-to-energy,’ decarbonization, and the development of electric transmission, geothermal, and green ammonia.

The AZEC, co-initiated by Indonesia and Japan, is a platform for countries to cooperate in achieving net-zero emissions in Asia and its surrounding areas. Australia, Brunei Darussalam, the Philippines, Cambodia, Laos, Malaysia, Singapore, Thailand, and Vietnam are community members.

Indonesia considers it essential to support cooperation in decarbonization through inclusive financing and the transfer of low-carbon technology. Indonesia hoped Japan would support its downstream mineral industry and emerge as a crucial player in the global supply chain of electric vehicle batteries.

During the bilateral meeting between President Widodo and Japanese Prime Minister Fumio Kishida on Saturday (Dec 16), the leaders discussed the Jakarta Mass Rapid Transit (MRT) system, hoping that construction of the north-south corridor continues as planned with a commitment from Japan for the East-West Corridor, with groundbreaking set for August 2024.

The two leaders witnessed an MoU signing on cooperation worth 10 billion yen (equal to Rp1 trillion) between Harapan Kita Hospital and Tokushukai Medical Corporation to improve cardiovascular services in the Asian region.

Widodo and Kishida also received proposal documents issued during the ASEAN-Japan Young Business Leaders’ Summit and the ASEAN-Japan Gen-Z Business Leaders’ Summit, and they witnessed the exchange of documents on the grant of a patrol ship worth US$ 63.3 million from the Japanese government to the Indonesian Maritime Security Agency (Bakamla).

Besides the economic sector, Indonesia discussed the current situation in Palestine with Japan. Widodo reiterated Indonesia’s commitment to pushing for a lasting ceasefire, planning continuous humanitarian aid, and encouraging the immediate commencement of a peace process to end the prolonged conflict.

Copyright (c) Antara 2023.

Topic: Press release summary

Indonesia Investment Forum 2023: Sustainable projects attract English Investors

The Indonesia Investment Promotion Center (IIPC) London, in collaboration with the Embassy of the Republic of Indonesia (KBRI) and the local representation of Bank Indonesia, once again hosted the Indonesia Investment Forum (IIF) 2023 in London, UK, on October 5, 2023. 

Thirteen sustainable investment projects in sectors such as energy, industry, electric vehicles, tourism, infrastructure, transportation, mining, and digitization were presented during the business matching session at IIF 2023. These projects managed to pique the interest of approximately 20 investors from London and the surrounding regions. 

Participating virtually, Minister of Investment/Head of Indonesia Investment Coordinating Board (BKPM) Bahlil Lahadalia recognized the global economic uncertainty and slowdown, emphasizing Indonesia has maintained positive economic growth of 5.31% in the second quarter of 2023, with inflation remaining below 4%. This achievement is attributable to the significant contribution of investments, making Indonesia the second-largest investment destination in Southeast Asia. 

“I invite our friends from the U.K. to be part of this development process. You have the technology, markets, and financial capabilities, while Indonesia possesses abundant natural resources, extensive territory, and market penetration potential worldwide. Come to Indonesia, bring your technology, and we will handle the licensing,” said Bahlil in his address. 

Nurul Ichwan, Deputy for Investment Promotion at the Ministry of Investment/BKPM, participated as a panelist in a discussion titled ‘Powering Up: Advancing Sustainable Infrastructure, Financial Sustainability, and Investment in Indonesia.’ She discussed the progress and efforts of the Ministry of Investment/BKPM in advancing investment projects, especially in renewable energy, sustainable investment, and the development of the electric vehicle ecosystem in Indonesia.

“The IIPC London office serves as the main contact point for our British and European investor friends interested in our sustainable projects,” Nurul emphasized. 

Several ready-to-offer sustainable investment projects presented by the Ministry of Investment/BKPM include the Electric Motor Industry for Electric Vehicles in Bekasi, West Java; Integrated Charging Station Facility in South Jakarta, DKI Jakarta; Solar Power Plants (PLTS) in Penajam Paser Utara, East Kalimantan, and Lebak, Banten; as well as the Bioethanol Industry in Bojonegoro, East Java, with a total estimated investment value of USD 276 million.

Additionally, the project for the development of the Super Priority Tourism Destination (DPSP) Toba Caldera Resort by the Lake Toba Authority Implementation Agency (BPODT) was offered with an estimated investment value of USD 1.7 billion. Indonesian Ambassador Desra Percaya, Bank Indonesia Governor Perry Warjiyo, and Minister of State for the Investment Security Unit Nusrat Ghani were also present and delivered speeches at the opening of IIF 2023, with the theme “Fostering Sustainable Growth Through Green Investment and Digital Transformation.” 

Prominent speakers from both Indonesia and the UK discussed potential economic cooperation between the two countries, including Richard Graham, the UK Trade Envoy to Indonesia, Malaysia, the Philippines, and ASEAN; Lord Vaizey of Didcot, Chairman of the UK ASEAN Business Council; and Rino Donosepoetro, Chairman of the British Chamber of Commerce Indonesia. IIF 2023 was conducted in a hybrid format at the KBRI London office and was attended by more than 200 participants, including business leaders as well as senior banking and investment representatives.

According to data from the Ministry of Investment/BKPM, the UK has been the second-largest European investor in Indonesia in the last five years after the Netherlands, for food crops, plantations, and livestock (24%); mining (20%); food industry (9%); chemical and pharmaceutical industry (8%); and hotels and restaurants (7%), with a total investment realization of more than USD 1.75 billion.

Further information is available via

Indonesia Investment Forum 2023 Offers UK Investment Opportunities in the Green Sector and in Indonesia’s Digital Transformation

Indonesia Investment Forum 2023 Offers UK Investment Opportunities in the Green Sector and in Indonesia’s Digital Transformation
Aiming at fostering investment in the green sector, digital transformation, and sustainable trade and supply chains, the Embassy of the Republic of Indonesia in London, in collaboration with Representative Office of Bank Indonesia in London and the Indonesia Investment Promotion Center (IIPC) London, will host the Indonesia Investment Forum (IIF) 2023 in London on 5 October 2023.

Aiming at fostering investment in the green sector, digital transformation, and sustainable trade and supply chains, the Embassy of the Republic of Indonesia in London, in collaboration with Representative Office of Bank Indonesia in London and the Indonesia Investment Promotion Center (IIPC) London, will host the Indonesia Investment Forum (IIF) 2023 in London on 5 October 2023.

IIF 2023 is an annual event that aims to showcase and promote Indonesia’s investment landscape and Investment Projects Ready to Offer (IPRO). This forum will be enriched with business matching sessions featuring selected IPRO projects from 11 sectors, including renewable energy, electric vehicles, digital, infrastructure, transportation and tourism.

IIF 2023 marks the beginning of a series of “Experience Indonesia” events, encompassing cultural arts performances and exhibitions of SME products during “Indonesian Night” on the evening of October 5, coupled with Experience Indonesia Dublin, which would be the first Indonesian cultural arts performance in Ireland in the last 5 years. During the Experience Indonesia 2022, we had the pleasure of hosting 4,000 visitors over the course of 3 days, leading to the establishment of cooperation agreements valued at over USD 75 million.

The Ambassador of the Republic of Indonesia, Desra Percaya, hopes that IIF 2023 can forge closer investment cooperation between the two countries, “especially considering the value of Indonesian-UK investment continues to steadily rise, in line with Indonesia’s prominent standing on the global economic front,” he mentioned. In 2022, UK investment in Indonesia reached a substantial USD 822 million, securing its position as the 10th largest investor in the country.

Approximately 20 speakers have been confirmed to be present at this forum, including distinguished figures from both countries. This forum boasts an impressive lineup of keynote speakers such as Nusrat Ghani MP, UK Minister of State (Minister for Investment Security Unit and Minister for Business and Economic Security), together with the Governor of Bank Indonesia, Perry Warjiyo and the Minister of Investment/Head of BKPM, Bahlil Lahadalia. Meanwhile, Richard Graham MP, UK PM’s Trade Envoy for Indonesia, Malaysia, the Philippines and ASEAN, will provide insights into the promising potential of the economic partnership between Indonesia and the UK. Furthermore, our panel discussions will feature prominent leaders from the banking and business sectors in Indonesia, the UK, and Europe.

This event is also supported by Bank Mandiri, BNI, UK-ASEAN Business Council, British Chamber of Commerce Indonesia, ASEAN Business Partners, TheCityUK, Citigroup, Standard Chartered, KPMG and bp.

Further information is available via the website:

Indonesia Climate Exchange (ICX) and Dynamik Technologies Brunei establish Green Economy Cooperation for Borneo Economic Community

Indonesia Climate Exchange (ICX) and Dynamik Technologies Brunei Darussalam have entered a strategic partnership to establish a regional carbon market for the Borneo Economic Community. This collaboration aligns with ASEAN’s big plan for integration in developing a green economy in the 5 pillars of ASEAN BAC. This plan manages 3 of the 5 priority pillars: Digital Transformation, Sustainable Development and Trade & Investment Facilities.

Tengku Irvan Bahran, Komisaris Indonesia Climate Exchange (ICX); Puan Haslina Taib, CEO Dynamik Technologies; Megain Widjaja, CEO Indonesia Cliate Exchange (ICX); Juan Permata Adoe, Wakil Ketua Umum Kadin Bid Perdagangan (L-R) at signing for Borneo Economic Community Cooperation. (Image: ISX).

The signing of this collaboration, which was signed by Megain Widjaja, CEO of the Indonesia Climate Exchange (ICX) and Puan Haslina Taib, CEO of Dynamik Technologies, took place in Jakarta on Tuesday 5 September 2023.

The collaboration integrates ICX trading technology and Dynamik Technologies for a carbon trading platform and other climate instruments. This aims to harmonise trading standards and technological interoperability to create a credible regional market and carbon credits that can be transacted inclusively. In the ASEAN regional plan, carbon markets and climate instruments have an important role in efforts to reduce emissions.

ICX CEO Megain Widjaja said, “This collaboration is certainly an honour for ICX because it is a matter of trust from Brunei Darussalam. This integration between countries certainly strengthens the synergy of the Borneo Economic Community by creating a green economic cluster, especially for the regional carbon market.”

The Borneo Economic Community aligns with the plan for the National Capital of the Archipelago to be located in Borneo. IKN Nusantara was built based on the green city ideology, where the infrastructure supporting the economy is built by considering sustainability factors, harmonization with the environment and renewable energy sources. The need to balance emissions in Borneo is a priority for the countries on the island.

Puan Haslina Taib, CEO of Dynamik Technologies said, “Recognizing the Heart of Borneo and the potential for Borneo to be the global hub for the world’s green economy, the creation of a regional carbon market through modern trading technology platforms will enable and facilitate businesses in the region to easily participate and access the carbon market.”

Megain Widjaja added, “Of course, this is just the beginning of the many collaborations that will be carried out in the ASEAN region. We are happy to start earlier and at the same time proud that Indonesian technology can be integrated globally. We hope this effort can support the big plans of other ASEAN countries in reducing Nationally Determined Contribution (NDC) emissions and as proof that cooperation between ASEAN countries can embody the spirit of making ASEAN the Epicentrum of Growth.”

About Indonesia Climate Exchange:

Indonesia Climate Exchange, a part of the ICDX Group, was established to aid the government’s mission of decreasing carbon emissions. It specializes in trading climate instruments and aims to make decarbonization accessible for all industry participants through convenient transactions, diverse product options, and transparent accountability. Using Indonesia Climate Exchange services enables businesses to seamlessly transition to low-carbon operations. Visit

About Dynamik Technologies:

Dynamik Technologies is a leading IT Company in Brunei that thrives in improving service efficiency through citizen and customer-centric systems. Dynamik Technologies is committed to helping deliver digital transformation initiatives supported by a team of highly skilled & globally certified IT professionals in programming, business process re-engineering, data analytics, and infrastructure. Brunei Officials trust Dynamik Technologies for many projects and it is the first and only organization in Brunei with Capability Maturity Model Integration (CMMI) appraisal. Visit:

For further information:

P Giri Hatmoko, Head of Corporate Communication, Indonesia Climate Exchange.
Midpoint Place, Lt.22-23 Jl. H. Fachrudin No.26 Jakarta Pusat Phone : +62-21 3002778

Faizul Yahya, Marketing Communication, Dynamik Technologies.
Level 7, Design & Technology Building, Anggerek Desa Tech Park, Spg. 32-37, Kg. Anggerek Desa, Berakas BB3713 Negara Brunei Darussalam Phone: +673 238 2238

Topic: Contract Awarded

Indonesia to Focus on Six Issues for the 10th World Water Forum

Indonesia will focus on six key issues for the 10th World Water Forum (WWF), jointly organized by the World Water Council and the Republic of Indonesia and set to take place from May 18 to 24, 2024, in Bali. Speaking at the WWF Kick-off Meeting in Jakarta on Wednesday, vice-chairman of the WWF National Organizing Committee Basuki Hadimuljono framed the agenda which will guide discussions over the next 15 months.

The Bali Governor, I Wayan Koster, gave his remarks at the Kick-off Meeting of the 10th World Water Forum at the Jakarta Convention Center on Wednesday (15/2/2023).(ANTARA FOTO/Muhammad Adimaja/hp)

“In this Kick-off Meeting, we will lay out the major water resource problems, namely Water for Humans and Nature; Water Security and Prosperity; Disaster Risk Reduction and Management; Cooperation and Hydro-diplomacy; Water and Innovative Finance; as well as Knowledge and Innovation,” said Hadimuljono, who also serves as Minister of Public Works and Public Housing (PUPR).

Measured discussion of the issues will be conducted through political, thematic, and regional processes, necessitating deliberation to find solutions, innovation, and implementation of action plans. The Indonesian government will be actively promoting the WWF agenda next month, during participation at the UN Water Conference in New York City from March 22 to 24, where it is entrusted to host both side, and special, events.

President Joko Widodo (Jokowi) stated his expectation that the 10th World Water Forum (WWF) yield concrete recommendations on overcoming the global water crisis. “These agendas must be addressed as joint efforts, through community participation and support from various stakeholders, as well as dialogue and partnerships between countries in the spirit of togetherness for the welfare of the global community,” said Jokowi.

The President, who received the World Water Council Delegation at Merdeka Palace on Wednesday, said he believed the 10th World Water Forum would be more than an ordinary conference and would produce concrete recommendations for action

Loic Fauchon lauded the support of President Jokowi and various Indonesian stakeholders in the water sector, as they prepared to implement the WWF. “We have to prepare for the next World Water Forum, which will be held in Bali next year. Together, while coordinating implementation of the 10th WWF, we will strive to provide fresh solutions, which will help to increase the access to water for billions of people,” Fauchon stated.

WWF is the largest cross-border event that discusses issues related to water resources and serves as a forum for sharing experiences and innovations to respond to various challenges in global water management. Indonesia has formed the National Organizing Committee for the 10th WWF, comprising various ministries and supported by experts and professors in the field of water-related issues from reputable universities in Indonesia.

The Kick-off Meeting, which was also the 1st stakeholders meeting, and attended by 1,300 delegates from 56 countries, aimed to provide essential information to mobilize and engage the stakeholders in the WWF process until the forum officially begins in March next year. The event will continue with regular pre-summit discussions and workshops to find concrete solutions, with solid innovation, addressing global water problems and setting the stage for a successful 10th WWF.