Danantara Opens To Investments From Brazilian Entrepreneurs And Investors

CEO of Danantara Rosan Roeslani. (Photo: Doc. Antara)

JAKARTA - Danantara Chief Executive Officer (CEO) Rosan Roeslani said the Anagata Nusantara Power Investment Management Agency (BPI Danantara) is open to Brazilian business actors and investors who want to invest in Indonesia.

"As CEO of Danantara Indonesia, I would like to emphasize our strong commitment to supporting the potential for cooperation. We are open to investment with Brazilian investors," said Rosan at the Indonesia-Brazil Business Forum event in Jakarta, quoted by Antara, Friday, October 24.

Rosan, who also serves as Minister of Investment and Downstreaming/Head of BKPM, invited Brazilian business actors and investors to partner in critical mineral resources, create global renewable energy sources that are resilient and integrated, and able to change lives.

Indonesia has the potential for new and renewable energy of around 3,700 gigawatts (GW) including solar, wind, hydro, sea waves, bioenergy, and geothermal power. However, the new renewable energy capacity utilized is only 15.2 gigawatts or less than 1 percent.

Brazil's success is also an opportunity for Indonesia. Indonesia's sustainable agriculture and food reserves originated from advanced Brazilian agricultural technology.

"The knowledge of Brazilian specialization in large-scale and advanced agribusiness is essential to modernize the Indonesian food system," said Rosan.

The governments of Indonesia and Brazil as well as business entities from the two countries signed eight memorandums of understanding (MoU) for the cooperation that President Prabowo Subianto and Brazilian President Luiz Inrypto Lula da Silva witnessed at the Merdeka Palace.

The signing of eight MoU documents between Indonesia and Brazil is part of President Lula's state visit in Indonesia.

During the procession, Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia started a series of MoU signings with representatives from the Brazilian Ministry of Mineral and Energy. Bahlil representing the Ministry of Energy and Mineral Resources signed an MoU for cooperation in energy and mining.

The second MoU was signed in relation to cooperation in the fields of science, technology, and innovation between the National Research and Innovation Agency (BRIN) and the Brazilian Ministry of Science, Technology and Innovation. Then, the third MoU signed by representatives from Indonesia and Brazil is a collaboration in the field of sanitary and phynosanitary along with its certification between the Indonesian Quarantine Agency and the Brazilian Ministry of Agriculture and Livestock.

Another collaboration signed today is the MoU in the field of statistical cooperation between the Central Statistics Agency (BPS) and the Brazilian Institute of Geography and Statistics.

Furthermore, the fifth MoU is related to the collaboration between BPI Danantara and JBS, a multinational company in Brazil engaged in meat and food processing.

Another MoU, namely cooperation between PT PLN (Persero) and J&F S. A. Brazil. In the procession, PLN was represented by President Director Darmawan Prasodjo.

Then there is also the MoU between Pertamina and Fluxus, an oil and gas company headquartered in Brazil. Pertamina was also represented by President Director Simon Aloysius Mantiri.

Finally, the MoU signed before President Prabowo and President Lula related to the cooperation between the Indonesian Chamber of Commerce and Industry (Kadin) and ApexBrazil, agencies in the Brazilian government tasked with promoting investment, business, and trade.