Sign up | Log in



Home  >>   Daily News  >>   Indonesia  >>Investment  >> RI to host conference on green investment
NEW UPDATES Asean Affairs  3 April  2015  

RI to host conference on green investment

Indonesia will host an international conference at the end of April to attract investment that will facilitate the country’s transition into a green economy and ensure a sustainable future.

Titled “Tropical Landscape Summit: A Global Investment Opportunity”, the meeting will draw around 500 top business executives from national as well as international companies on April 27 and 28 in Jakarta.

President Joko “Jokowi” Widodo is slated to officially open the event with multi-stakeholder engagement hosted by the Indonesian government in collaboration with the UN Office for REDD+ Coordination in Indonesia (UNORCID).

Investment Coordinating Board (BKPM) head Franky Sibarani said Tuesday the summit would provide a platform for the government to promote its vision on green investment as well as to gain input from various stakeholders to sharpen its development programs in the future.

It would also help attract so-called “green investment” to the nation to contribute to its economic growth.

From 2010 to 2014, realized investment in eight business sectors that the board categorized as “green investment”, such as agriculture, forestry, fisheries and waste management, totaled Rp 139.17 billion from domestic firms and US$26.8 billion from foreign investors, a level which Franky described as “still low”.

“We want the investment figure to surge by 20 percent in the future and its achievement can only be supported by incentives,” Franky said during a press briefing.

He further said the government would announce a set of incentives to stimulate green investment during the summit, including tax allowances, but did not elaborate further.

Another area of investment that it aims to promote is power generation using renewable energy sources, such as solar cells and streams of water, according to Franky.

Indonesia, Southeast Asia’s biggest economy, is accelerating its efforts to generate much-needed electricity to power households and industry through a 35,000 megawatt power project within five years until 2019.

While it has several alternatives to drive power generation through environmentally friendly methods, the enormous potential is still untapped. For instance, Indonesia is estimated to have a geothermal resource base that represents 40 percent of the world’s reserves. However, a number of issues, from legal certainty to high financial risks, are still hampering efforts to benefit from the huge amount of reserves.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           April  3 , 2015 Subsribe Now !
• Sec-Gen Minh Updates World Parliamentarians on ASEAN’s Sustainable Development Efforts Subcribe: Asean Affairs Global Magazine
• RI to host conference on green investment
• Foreign tourist arrivals increase in February
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Domestic Demand For Illegal Wildlife Meat Grows in Laos
• SBV's forex policy must adjust to account for all industries' needs
Asean Analysis                    March 25, 2015
• Asean Analysis March 25, 2015
Statement on Singapore’s first Prime Minister’s Passing
Advertise Your Brand

Asean Stock Watch  April 2,  2015
• Asean Stock Watch-April 2, 2015
The Biweekly Update
• The Biweekly Update March 20, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand