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BKPM Seeks US$100bn Green Investment

27 April 2015 17:00 WIB

Presiden Joko Widodo mendengarkan paparan dari Kepala BKPM, Franky Sibarani saat berkunjung ke ruang Pelayanan Terpadu Satu Pintu (PTSP) Pusat di Gedung BKPM, Jakarta, 26 Januari 2015. TEMPO/Wisnu Agung Prasetyo

TEMPO.CO, Jakarta – The Investment Coordinating Board (BKPM) is targeting conventional industries to go green by 2020.

"By 2019, we expect to have US$100 billion worth of green investment. We are ready to provide the necessary financial incentives and license easing," BKPM chairman Franky Sibarani said in Jakarta, Monday, April 27.

Franky said there are seven industrial sectors that could be offered: agriculture and forestry, fishery, geothermal energy, environment-friendly industrial goods, power generation, renewable energy, and waste/garbage management. Franky also sees two potential sectors: transport and infrastructure.

From 2010 to 2014, the sectors noted US$40 billion of investment with an average growth of 20 percent per year.

The United Nation's junior secretary Gina Khazar appreciates the Indonesian government's biofuel from diesel and palm oil mix. According to Gina, Indonesia is very potential market to support the green industry due to its abundant and unlimited forest and natural resources.

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