Enoh Suharto Pranoto, the secretary of the National Council on Special Economic Zone (SEZ) said Russian investor is eyeing oil projects in Tanjung Api-api SEZ in South Sumatra. The Russian investor is prepared to invest up to 10 billion euros … Continue reading →
Indonesia and Germany have signed a memorandum of understanding (MoU) on maritime cooperation. The signing of the MoU was carried out by the Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan and German Voce Chancellor and Foreign Minister Sigmar Gabriel … Continue reading →
The government will be auctioning geothermal work areas in July following the issuance of a ministerial regulation on auction procedure. Energy and Mineral Resources Ministry new renewable energy and energy conservation director-general Rida Mulyana said that the regulation is being … Continue reading →
Chief economic minister Darmin Nasution said Indonesias debts have grown because the government was boosting developmental efforts. “They have grown fast because we are seriously boosting development,” he stated here on Tuesday. Darmin assured that although the countrys debts have … Continue reading →
The Finance Ministry recently issued a new ministerial decree regulating the management of funds for the geothermal sector by state-owned infrastructure financing company PT Sarana Multi Infrastruktur (SMI). The new decree stipulates that SMI will be able to supply funds … Continue reading →