The World Bank’s board of executive directors has approved $55.25 million in grants to support geothermal energy projects in Indonesia with the aim to facilitate investment in geothermal power generation. “Insufficient energy holds back Indonesia’s growth potential and limits the … Continue reading →
The Jeddah-based Islamic Development Bank (IDB) last weekend approved a financing deal worth US$488 million to support infrastructure development and education in Indonesia. Of the total, $250 million will be used to develop Java’s southern coastal road (Pansela) to increase … Continue reading →
The Indonesian government released another policy package called the “Economic Justice Policy” aimed at improving welfare and reducing inequality in the country on Tuesday (31/01). The package contains policy reforms in three areas, including the land and agriculture sector, access … Continue reading →
The Investment Coordinating Board (BKPM) has launched a three-hour service for obtaining nine licenses connected to energy and mineral resources. The government is encouraging large investments in the energy and mineral resources sectors this year, said BKPM head Thomas Lembong. … Continue reading →
State-owned oil and gas firm PT Pertamina hopes it will see the groundbreaking of the development of three oil refinery plants in 2017, notably RDMP RU V Balikpapan, NGRR Tuban and RDMP RU IV Cilacap. “We hope that the groundbreaking … Continue reading →