Netherlands Offers 300 Million Euros Investment For Financial Cooperation

Green energy (Photo: dock. Antara)

DEN HAAG - The Dutch government offered an investment of 300 million Euros or equivalent to Rp52.06 trillion (assuming an exchange rate of Rp17,355 per Euro) for financial cooperation with the Indonesian Government through Invest International.

Minister Counsel Embassy of The Republic of Indonesia, Royhan Nevy Wahab said a third of the total investment or around 105 million euros is expected to be a grant for non-bankable projects.

"Then the 195 million euros are investment loans for Dutch companies interested in investing in Indonesia," he said when met at the Indonesian Embassy in The Hague, Netherlands, Monday, May 20.

According to Royhan, investment in causangan funding is needed. The reason, he said, is that not all investors have technology and also funds or funding at once.

"But there are investors who only have technology. Meanwhile, funding must be obtained from other places. Including one of the financial cooperation offered by the Dutch Government," he said.

Cooperation Plan Still In Discussion Stage

Royhan also explained that the investment plan is still in the discussion stage. Later, he continued, the funding would be disbursed through a Dutch institution appointed by the Dutch Ministry of Foreign Affairs, namely Investment International.

"Now it is under discussion. The hope is that it will not take too long that this offer can be completed and there will also be a signing by both parties in the government," he said.

As previously reported, the Netherlands is one of the countries in Europe that is diligent in investing in Indonesia. Currently, the Dutch government is focusing on targeting investment related to new and renewable energy (EBT) in Indonesia.

Minister Counsel Embassy of The Republic of Indonesia Royhan Nevy Wahab said that in 2023, Dutch investment in Indonesia was recorded at 1.23 billion US dollars or equivalent to Rp. 21.3 trillion.

"The Dutch investment in Indonesia in 2023 was around USD 1.228 billion, spread over more than 2,500 projects," he said when met at the Indonesian Embassy in The Hague, Netherlands, Monday, May 20.

Currently, continued Royhan, the Dutch government is paying great attention to the renewable energy sector. Therefore, he said, all investments offered by the Dutch to Indonesia were related to the priorities of the Dutch government.

"All of the investment sectors offered by the Dutch to Indonesia are currently related to the priorities of the Dutch government, which is at renewable energy," he explained.