New Renewable Energy Will Not Be Exported Yet, Says Investment Minister

20 May 2022 20:26 WIB

Minister of Investment/Investment Coordinating Board Bahlil Lahadalia.

TEMPO.CO, Jakarta - Minister of Investment and Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia in a written statement on Friday affirmed that Indonesia would not yet export its new renewable energy or EBT to other countries, but rather focus on using it to meet domestic needs. He assumed that doing so will prevent investments from potentially going elsewhere.

“We open our arms to any investment but we have not thought about exporting new renewable energy. We will use it first,” Bahlil wrote in his statement on May 20, “If we sell it to another country, the investments will run [to that country, too].”

In an investment forum held at Central Java’s Surakarta City on May 18, which is part of Indonesia’s G20 Presidency, the minister said his ministry will stay committed to accelerating sustainable and inclusive investments.

At the time, Minister Bahlil also stated that Surakarta will be turned into a training hub for Indonesian migrant workers. 

HAMDAN CHOLIFUDIN ISMAIL

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