Tokyo, Japan - The Minister of Investment and Industrialization/Head of BKPM Rosan Roeslani said the number of Japanese investment commitments is a sign that the Japanese government's confidence and Japanese business actors in Indonesia are still strong, amid global geopolitical and geoeconomic pressures.
The amount of Japanese investment commitments reached around US$23.3 billion. This was conveyed by Rosan to reporters in Tokyo, Monday, March 30. According to Rosan, who is also the Chairman of BPI Danantara, the largest portion comes from a joint project with Pertamina with a value of around US$20.9 billion.
The details of the project, said Rosan, will be further explained by Minister of Energy and Mineral Resources Bahlil Lahadalia because the majority of the project has a major impact with Pertamina. In addition, Rosan said that Danantara, which he led, also signed an investment cooperation with SMBC Aviation Leasing worth around US$800 million.
Pegadaian also obtained funding from SMBC Bank of around IDR 5 trillion or around US$300 million. In other sectors, there is also an investment from the Two-Way aesthetic company with an Indonesian partner worth US$500 million.
Meanwhile, in the blood plasma sector, the investment value reached US$1 billion. Rosan said this investment was the second after a similar investment from SK Plasma, South Korea. Rosan added, there are still other investments that have been agreed upon, including the expansion of geothermal projects between PT Supreme and a Japanese company, which according to Rosan involves Sumitomo.
Rosan also mentioned the financial closing of the geothermal project in Muara Laboh, which is worth around US$900 million, although the project was not included in the signing package this time because the process had already been completed.
He emphasized that Japanese investors' interest in the renewable energy sector is very large. Therefore, the government hopes that the flow of investment from Japan will not stop at the signing, but continue to the realization of the project.
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