Minister Rosan Invites 35 French Companies To Invest In The EBT Sector

Minister of Investment, Rosan Roeslani. (Photo: Doc. Antara)

JAKARTA - Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani invited 35 delegations of French companies to join the international employers association from France (MEDEF) to invest in the new and renewable energy sector (EBT) in Indonesia.

Rosan said that French investors have a great opportunity to develop the renewable energy sector in Indonesia, considering that this energy reaches around 3,700 gigawatts and only 1 percent are used, or around 13.08 gigawatts.

This was conveyed by him during a business meeting with the delegates on February 18, 2025 in Jakarta.

This potential is spread across various regions, with the largest potential coming from solar energy, to a geothermal potential of 23 gigawatts which is the largest in the world.

"I believe this is a very good and productive meeting. Apart from explaining Indonesia's potential, we also get a lot of feedback that is useful for strengthening collaboration, both from the private sector to the government and inter-private. This is important so that we continue to improve existing policies and regulations," said Rosan, as reported by Antara.

Meanwhile, French Ambassador to Indonesia, ASEAN and Timor Leste Fabien Penone conveyed the French government's commitment to encourage strengthening economic relations with Indonesia.

French companies have been actively investing in various sectors in Indonesia, from nickel mining to banking. However, he admits that this can still be improved.

"Strengthening relations between France and Indonesia is our government's top priority. French President (Emmanuel) Macron and President Prabowo Subianto have discussed this several times. This is why this meeting is very important for French companies to get the opportunity to discuss with the Indonesian government," said Penone.

In addition, Deputy Chairperson of MEDEF International who is also Chair of The France-Indonesia Business Council Philippe Louis-Dreyfus highlighted the potential for cooperation in the infrastructure, energy and decarbonization sectors.

He is optimistic that the visit of the French company delegation will produce positive results.

Based on data from the Ministry of Investment and Downstreaming/BKPM, France ranks fourth as the largest Foreign Direct Investment (FDI) source from Europe, focusing on five leading sectors, namely housing, industrial and office areas, industrial machinery and electronics, food, hotel and restaurant industries, as well as trade and repair.