Apple Builds AirTag Factory in Batam for IDR 16 Trillion Operating in February 2026

American technology giant Apple is investing in Indonesia by building an AirTag factory in Batam worth US$ 1 billion or IDR 16 trillion. The plan is for the factory to start operating in February 2026. This was conveyed by the Minister of Investment and Downstream/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani at the Semangat Awal Tahun 2025 event. Apple has purchased land to build the factory.

“On the investment side, we have succeeded in convincing them (Apple) to stay in Batam. The land has been purchased, shown to us, and cut and fill has been done to start construction. It is hoped that in early 2026, in February it will be ready for AirTag (production),” said Rosan at Menara Global, South Jakarta, Wednesday (15/1/2025).

AirTag is one of Apple’s products. Rosan emphasized that the steps to build the AirTag vendor factory are only the initial stages. He hopes that other vendors will also enter Indonesia.

“We want other vendors, like many vendors at Apple in other countries. As I said earlier, in Vietnam there are more than 35-36 vendors. In Malaysia, Thailand more than 25-26 vendors, so this is what we also want to do,” he said.

The start of construction of the AirTag factory in Batam, according to Rosan, is a sign that Apple is investing in Indonesia. Construction is still ongoing to this day. The hope is that investment entering Indonesia can continue to increase. Because the value of this investment is actually still much smaller than the neighboring country, Vietnam, which reaches hundreds of trillions.

“So that the initial investment of US$ 1 billion then increases gradually to US$ 3 billion, US$ 5 billion, and the target of US$ 10 billion can be achieved,” he said.

Rosan added that this new factory will supply 65% ​​of Apple’s AirTag needs worldwide. This factory will also create jobs for up to 2,000 people.

January 15, 2025, detikFinance

(https://finance.detik.com/industri/d-7733697/apple-bangun-pabrik-airtag-di-batam-rp-16-t-beroperasi-februari-2026)

Japan-Indonesia Agree on Several Cooperation Agreements

Japan has agreed to a number of agreements with Indonesia, including assisting President Prabowo’s Free Nutritious Food Program (MBG). This was agreed upon during a meeting between Prabowo and Japanese Prime Minister Ishiba Shigeru at the Bogor Palace, Saturday (11/1/2025).

“We invite Japan to participate in the program that we have initiated towards Indonesia’s industrialization, especially in the downstream sector and they are also interested in assisting in the field of nutritious food,” Prabowo said as quoted from the Presidential Secretariat’s live broadcast on YouTube.

Prabowo said that Japan has 80 years of experience in providing nutritious food. He said that Japan offered the initiative to help make MBG a success through training and so on. Meanwhile, Ishiba offered a cooperation package to accommodate Prabowo’s great desire to provide highly nutritious lunches for children in Indonesia.

“We, Japan, will organize a cooperation package including training for school lunch providers, sending experts, and assistance in improving the fisheries and agriculture sectors by utilizing various experiences of Japan,” said Ishiba.

In addition, Japan and Indonesia also agreed to a number of agreements in various fields. Among others, in the field of defense, Japan and Indonesia agreed to form a discussion forum at the level of defense practitioners regarding the guarantee of maritime security of the two countries. Including cooperation for defense equipment, technology transfer. and so on. Japan also agreed to provide high-speed patrol boats, an agreement has been reached, the provision of high-speed boats through Japan’s Official Security Assistance (OSA) program. Japan and Indonesia also agreed to hold 2 plus 2 as a meeting of the Minister of Foreign Affairs and the Minister of Defense. This is a form of increasing strategic dialogue between the two countries.

In the economic sector, it has been agreed to increase cooperation on stable energy supplies. Namely, cooperation in the field of energy decarbonization and the field of critical mineral mining such as PLTP, Muara Laboh, under the Asia Zero Emission Community (AZEC). As well as cooperation for hydrogen, ammonia, biomobil, and so on. In addition, Ishiba stated that he also wanted to encourage cooperation in the fields of resources and infrastructure to maintain energy security and decarbonization through various channels. In the field of disaster management, Japan and Indonesia reached various agreements for volcanic disaster management. Because, both countries are countries that face the risk of natural disasters.

“In my opinion, this meeting is an important and very valuable opportunity to move forward one step towards further improving relations between Japan and Indonesia. And I myself want to continue to try proactively to deepen relations between the two countries, Indonesia and Japan,” said Ishiba.

On that occasion, he also invited Prabowo to attend the 2025 World Expo in Osaka, Kansai which will start on April 13, 2025.

January 11, 2025, CNBC Indonesia

(https://www.cnbcindonesia.com/news/20250111133748-4-602453/deal-jepang-ri-sepakati-sejumlah-kerja-sama-ada-makan-bergizi-gratis)

Indonesia and the Challenges of Realizing Inclusive Tourism

The General Chairperson of the Indonesian Tourism Intellectuals Association, Professor Azril Azhari, explained that Indonesia began to initiate the concept of disability-friendly tourism since 2021. Meanwhile, the world had previously known the term Accessible Tourism (AT) in 2019 through the United Nations Tourism Organization (UNWTO) and The ONCE Foundation. According to Azril, the term “disability-friendly tourism” is actually less popular globally because the term Accessible Tourism is more commonly used and has a meaning that is closely related to Tourism for All. WHO data (2023) states that 1.3 billion people or around 16% of the world’s population have significant disabilities.

“This means that accessibility for all tourism facilities, products, and services must be a major part of every sustainable tourism policy,” said Azril in a conversation with detikTravel, Wednesday (18/12/2024).

However, he admitted that in Indonesia, the implementation of disability-friendly tourism is still partial. Only in toilets, parking lots, or ramps, so it has not become a single destination. The Importance of Certification and Implementation of Inclusive Principles: Certification has two main types, namely business certification and professional certification for business actors. Both are very important to determine the feasibility of a destination and the competence of its business actors, especially in adopting the concept of Accessible Tourism. He also emphasized that the term “disability-friendly” tends to represent additional services (extended services). On the contrary, Accessible Tourism is a basic criterion that is a basic need for every tourist with special needs.

“To achieve inclusive tourism, Indonesia must adopt universal principles that are international standards. This includes physical accessibility such as ramps and lifts, sensory accessibility such as voice-based information, and cognitive accessibility that is easy for people with disabilities to understand,” said Azril.

Examples and Challenges in Implementation: Several destinations such as Bali and Yogyakarta have adopted universal design principles, such as wheelchair-accessible beaches or facilities at the Temple. Mentawai Island has even provided a surfing experience that can be enjoyed by people with disabilities. However, Azril highlighted that its implementation is still limited.

“We face a big challenge in the form of a lack of understanding from business actors and local governments and the absence of initiators or facilitators who are able to drive the concept of Accessible Tourism. In fact, the tourism market opportunity is very large, with an economic impact of $ 58.7 billion per year (PR Newswire, 2020),” he said.

The importance of developing inclusive destinations to support Indonesian tourism. He also added that the presence of skilled workers from among the disabled can be a unique attraction that enriches the sector.

“However, the main goal remains the development of destinations that adopt universal standard principles to serve tourists with special needs,” said Azril.

Indonesia has a great opportunity to become a pioneer in Accessible Tourism in Southeast Asia. With a deep understanding, adequate certification, adoption of technology, and community involvement, Indonesia can create inclusive destinations that not only have an economic impact but also strengthen human values.

January 09, 2025, detikTravel(https://travel.detik.com/travel-news/d-7724798/indonesia-dan-tantangan-mewujudkan-pariwisata-inklusif)

Indonesian Swallow Nest Sells Well in the World

Deputy Minister of Agriculture (Wamentan) Sudaryono has set an ambitious target for Swallow Nest exports. The reason is that the potential for swallow nest production is very promising. For this reason, he appealed for swallow nest cultivation to be increasingly looked at. Thus, it can become an economic strength for farmer families and strengthen national exports.

He conveyed this when reviewing the Processing Bird House at PT Surya Aviesta, Surabaya, East Java, Tuesday, (7/1/2025). The government, he added, will provide support for farmers who want to develop Swallow Nest cultivation.

“Of course, this is an extraordinary potential that can be utilized by our community, and I think it’s worth a try. Why? Because of the 100 percent of the world’s Swallow Nest supply, 60 percent of it comes from Indonesia. The export value is almost IDR 10 trillion per year,” said Sudaryono in an official statement, Wednesday (8/1/2025).

He also targeted that Indonesia’s export contribution to the world’s Swallow Nest market could increase by more than 60 percent, with a target of reaching 63 to 65 percent.

“The Swallow’s Nest industry has great potential. Because if Indonesia has supplied 60 percent of the world’s supply, we are sure it can increase further. So that Indonesian swallow’s nests can dominate the world’s export market. Just by preparing a place for swallows to nest, farmers can earn quite a large income. The price of swallow’s nests reaching tens of millions of rupiah per kilogram can strengthen the family economy,” he said.

For information, the Indonesian Minister of Trade Muhammad Luthfi in 2021 once said that Indonesia is one of the largest Swallow’s Nest producing countries in the world. Swallow’s Nest is known as a luxury commodity that has various health benefits, including increasing immunity, improving organ function, and preventing aging.

In CNBC Indonesia’s records, the export value of Indonesian Swallow’s Nest continues to show a significant upward trend. In 2020, exports of swallow’s nest reached US$540.4 million, an increase of 48.5% compared to 2019. The volume of Indonesian bird’s nest exports in 2023 reached 1,335 tons with a value of US$633.25 million or equivalent to IDR 9.81 trillion (US$1 = IDR 15,945, October 2024). Using this exchange rate, 1 kg of Indonesian bird’s nest is valued at IDR 7.35 million. China, Hong Kong, and Singapore are the main markets for Indonesian Swallow’s Nest. For example, in 2023, exports to Hong Kong were recorded at 630.9 tons with a value of US$77.137 million, while exports to Singapore reached 36 tons with a value of US$17.588 million.

Sudaryono promised that if there are regulations that hinder, including for the export of Swallow’s Nest, the government is ready to accelerate and simplify the process.

“From the government’s side, we want to increase export volume, simplify regulations so that entrepreneurs and the public are more enthusiastic. The President’s determination is clear, we want food self-sufficiency, reduce imports, and increase exports,” said Sudaryono.

January 08, 2025, CNBC Indonesia

(https://www.cnbcindonesia.com/news/20250108163957-4-601707/sarang-burung-walet-ri-laku-keras-di-dunia-begini-ambisi-wamentan)

Vietnam’s Xanh SM Electric Taxi Supports Eco-Friendly Tourism in Indonesia

Vietnamese electric mobility service provider, Xanh SM, is present in Jakarta to answer the need for environmentally friendly transportation. Xanh SM offers a pollution-free travel experience in Indonesia with a fleet of sophisticated electric vehicles. Global GSM CEO, Nguyen Van Thanh stated that the growth of environmentally friendly tourism shows a significant change that can be seen in people’s mobility when traveling. According to him, tourists, including in Indonesia, are starting to look for alternative environmentally friendly transportation to travel.

“People want transportation that is in line with increasing environmental awareness. In the midst of this trend, electric taxis are the main choice with vehicles that are quiet, emission-free, and have sophisticated technology,” he said as quoted on Friday (12/27/2024).

Thanh said that for tourists, transportation is more than just a means to get to a destination. The noise of conventional vehicle engines and the smell of fuel often reduce comfort, especially in quiet tourist locations.

“On the other hand, electric taxis move with minimal noise and odor, maintaining the tranquility and beauty of the surrounding environment. He emphasized that the VinFast Limogreen fleet from Xanh SM which was recently launched in Jakarta is able to create a comfortable atmosphere that allows passengers to fully enjoy their journey and the environment around them.” he said.

Furthermore, Thanh explained that the company’s philosophy is reflected in the “5 Green Promises” which include a commitment to premium services. Among them are impressive experiences, professional drivers, high-quality vehicles, affordable prices, and a commitment to environmental sustainability.

“These principles are not just idealism, but also real features of the service. Starting from clean and odor-free trips to safety measures implemented through rigorous driver training and a sophisticated management system. Xanh SM sets a new standard for environmentally friendly urban mobility. Xanh SM’s mission is in line with Indonesia’s sustainability target, which is to achieve zero emissions by 2060. We are fully committed to leading the electrification of global transportation to support the achievement of this goal,” he explained.

According to him, Xanh SM in Jakarta is a step towards a greener and more sustainable urban mobility transformation. With a growing electric fleet network, Jakarta shows its commitment as an environmentally friendly city.

Deputy for Investment Climate Development Riyatno also appreciated Xanh SM in providing environmentally friendly vehicles. “Green services such as Xanh SM play an important role in reducing emissions, improving air quality and supporting the goal of a low-carbon sustainable economy while driving economic and environmental progress,” he said.

December 27, 2024, CNBC Indonesia

(https://www.cnbcindonesia.com/news/20241227172725-4-599133/taksi-listrik-xanh-sm-dukung-pariwisata-ramah-lingkungan-di-ri)

Indonesia Exports Thousands of Tons of Fish to US-Australia

The Ministry of Marine Affairs and Fisheries (KKP) continues to export fish during the Christmas and New Year holidays. The Marine and Fisheries Product Quality Control and Supervision Agency in Denpasar, Bali, during the period of December 20-25, 2024, successfully delivered 1,035 tons of fishery products to the global market. Head of the KKP Quality Agency Ishartini said that thousands of fishery products were sent to the United States, China, Taiwan, and Australia.

“In those five days, we have issued 167 Health Certificates (HC) so that business actors can still export during the Christmas period,” he said in an official KKP broadcast, quoted Friday (12/27/2024).

In order to ensure the acceptance of fishery products in the destination country for export, Ishartini ensured that as of January 1, 2025, the KKP Quality Agency as quality assurance will implement the format of the Fishery Product Quality and Safety Certificate or SMKHP. The certificate is in accordance with Permenkp Number 33 of 2024 concerning the Export of Fishery Products from the Territorial Area of ​​Indonesia

“As of January 1, SMKHP has been in effect and we have coordinated with various export destination countries, this is proof of the quality assurance of Indonesian products,” explained Ishartini.

For information, the Quality Inspector of the KKP Quality Agency is also alert in supervising the quality and safety of fishery products traded in the domestic market, through sampling and Organoleptic testing and formalin testing. This is to ensure that the quality of Indonesian fishery products can be accepted globally.

December 27, 2024, detikFinance

(https://finance.detik.com/berita-ekonomi-bisnis/d-7705433/jelang-pergantian-tahun-ri-ekspor-ribuan-ton-ikan-ke-as-australia)

Indonesia Secures IDR 120 Trillion Investment Commitment from China

Minister of Investment and Downstream/Head of the Investment Coordinating Board (BKPM) Rosan Perkasa Roeslani continued his meeting with 8 companies during his visit to the People’s Republic of China (PRC) on 18-20 December 2024. The meeting is claimed to have succeeded in recording new investment commitments of US$ 7.46 billion or IDR 120 trillion.

“Several meetings held in Hangzhou, Quzhou and Beijing have succeeded in recording a total new investment commitment of US$ 7.46 billion or equivalent to IDR 120 trillion,” said Rosan in a written statement, Monday (12/23/2024).

Meeting with Geely Auto Group: a meeting at the Geely Auto Group production facility discussed potential investments in the development of the automotive industry in Indonesia. One of the leading global automotive manufacturers is said to have committed to collaborating on the assembly of the electric car industry with Indonesian companies.

Meeting with Zhenshi Holding Group Co Ltd: The second company visited was Zhenshi Holding Group Co Ltd which has invested in several nickel smelting projects, including in North Maluku and Morowali. Its subsidiary, Jushi Group, is one of the largest fiberglass producers in the world. Jushi Group plans to make a new investment of US$ 1 billion (first phase) in the fiberglass industry, with an estimated workforce absorption of 4,500 people.

Meeting with Wankai New Materials (Zhink Group): The third meeting with Wankai New Materials which is part of Zhink Group. The meeting was to discuss investment interest in the petrochemical derivative industry sector. The total investment plan reaches US$ 1 billion which will be carried out in three stages. Zhink Group itself is the 3rd largest PET (Polyethylene Terephthalate) producer in China and the 5th largest in the world.

Meeting with Hongshi Holding Group: The fourth meeting with Hongshi Holding Group which plans to develop an industrial area that will produce silicon, polysilicon (raw material for solar panels), batteries and their components, and a 2 gigawatt Steam Power Plant (PLTU). The plan is that the construction of this new investment worth US$ 5 billion will be carried out in stages.

Meeting with Huayou Holding Group: Huayou’s investment development in Indonesia is said to be quite large with a total of 15 projects and a total of 20,000 employees. Huayou is working with several domestic partners including Antam, MIND ID, Merdeka Battery Materials and Vale Indonesia. Currently, Huayou’s project locations are spread across three main locations, namely Indonesia Morowali Industrial Park, Indonesia Weda Bay Industrial Park, and Indonesia Pomalaa Industry Park. In the future, it will be developed in Sorowako and Buli. Huayou’s total investment in Indonesia is said to have reached US$ 6.3 billion and has succeeded in integrating smelter mining, refining and precursors.

Meeting with CEEC, CITIC and Zhuhai Hongwan Ocean Fisheries: The first meeting with China Energy Engineering Corporation (CEEC) discussed investment potential in the new and renewable energy (EBT) sector, especially related to the utilization of offshore wind resources in Indonesia. The meeting with CITIC discussed potential cooperation in several government programs, including supporting the construction of 3 million houses per year, food security through increasing rice and corn productivity, and energy security through revitalizing oil wells. The meeting with Zhuhai Hongwan Ocean Fisheries, which stated that it would cooperate with local partners to develop investment in the fisheries sector in eastern Indonesia with a total investment of US$ 460 million.

December 23, 2024, detikFinance

(https://finance.detik.com/industri/d-7699270/ri-kantongi-komitmen-investasi-rp-120-t-dari-china-ada-pemilik-volvo)

Indonesia Exports Fish Worth IDR 76.8 Trillion, America and China the Most

The Ministry of Marine Affairs and Fisheries (KKP) reported that the value of fishery exports from January to October 2024 reached US$ 4.8 billion or IDR76.8 trillion (exchange rate of IDR16,000). This value increased compared to the same period last year of US$ 4.61 billion.

The Director General of Strengthening the Competitiveness of Marine and Fishery Products (PDSPKP) of the Ministry of Marine Affairs and Fisheries, Budi Sulistyo, is targeting that by the end of 2024, the value of Indonesian fishery exports will reach US$ 5 billion.

“Regarding the strengthening of the marketing of fishery products that we get in 2024, the performance of Indonesian fishery exports for the period January to October 2024 is currently recorded as of October at US$ 4.81 billion. This (has experienced) an increase in the same period. We hope that by the end of the year, until December, it will reach more than US$ 5 billion,” said Budi in the 2024 KKP Year-End Achievement Press Conference at the Mina Bahari IV Building, Central Jakarta, Monday (16/12/2024).

Furthermore, Budi explained that there are five largest destination countries, including the United States (US) with an export value of US$ 1.56 billion, China with an export value of US$ 0.99 billion, ASEAN with an export value of US$ 0.65 billion, Japan with an export value of US$ 0.49 billion, and the European Union of US$ 0.35 billion. The most exported fishery commodities are shrimp, tuna, skipjack tuna, squid, cuttlefish, octopus, crab, and seaweed.

“Commodities are dominated by shrimp, followed by skipjack tuna, squid, crab and seaweed,” explained Budi.

To boost fisheries exports next year, his party has compiled and analyzed market performance and marketing, especially for skipjack tuna and tilapia commodities. This analysis was conducted to see potential export destination countries. Based on the results of the analysis, the demand for US tuna is predicted to increase by 300 thousand tons with the form of frozen whole superior products. Then in the European Union, the demand for tuna is estimated to reach 889 thousand tons with the form of canned tuna as the superior product.

“Tuna in Japan is positioned (Indonesia as a tuna exporting country in Japan) number 4. While the demand in 2025 is predicted to be 249 thousand tons or an increase of 4%. Well, we should be able to capture the market from this potential increase. So is tilapia. We will convey this kind of information to business actors. This is to improve export performance in the future, and we will always improve our capabilities,” explained Budi.

December 16, 2024, detikFinance

(https://finance.detik.com/berita-ekonomi-bisnis/d-7689116/ri-ekspor-ikan-rp-76-8-t-paling-banyak-ke-as-china)

Indonesia and Japan to Cooperate on Transportation Infrastructure

Minister of Transportation Dudy Purwagandhi met with the Japanese Ambassador to Indonesia Yasushi Masaki to discuss the continuation of cooperation between the two countries in the transportation sector. Japan itself has made significant contributions to transportation projects in Indonesia, such as the development of railway systems, human resource development and training programs, and the exchange of knowledge in the field of technology.

Dudy said that the cooperation between the Ministry of Transportation and the Japan Ministry of Land, Infrastructure, Transport and Tourism (MLIT) was strengthened through the signing of a Memorandum of Cooperation (MoC) in the transportation sector on January 19, 2024. He also said that this cooperation has become more intensive, especially in the development of the Jakarta MRT project, Patimban Port, and the Bekasi Proving Ground

“We hope to increase more intensive cooperation with Japan, especially in the development of the Jakarta MRT project, Patimban Port, and the Bekasi Proving Ground,” said Dudy in his statement, quoted Tuesday (3/12/2024).

Regarding the Jakarta MRT project, Dudy hopes that with the support of the Japanese Ambassador, the MRT project can run smoothly and according to plan, so that it can improve the connectivity of the Jabodetabek area.

“I hope that with the support of the Japanese Ambassador, the Jakarta MRT project can run smoothly and according to the targets that we have agreed upon together. In addition to the construction of the MRT, I also hope that the connectivity of the Jabodetabek area can be improved through the integration of the main line with feeder services,” he added.

In addition to a number of infrastructure project developments, Dudy also conveyed the potential for future cooperation between the two countries, such as in terms of developing human resources (HR) in transportation through internship program cooperation.

“Among them are student and teacher exchanges from schools or polytechnics under the Ministry of Transportation, or guest lecturer programs from Japanese experts in the field of transportation. This aims to provide international experience that can enrich their skills and insights in the field of transportation,” explained Dudy.

December 3, 2024, detikFinance

(https://finance.detik.com/infrastruktur/d-7668244/ri-jepang-bakal-kerja-sama-infrastruktur-transportasi)

Indonesia and Canada Work on Critical Minerals and Energy Transition

Minister of Energy and Mineral Resources, Bahlil Lahadalia together with the Canadian government established bilateral cooperation through a Memorandum of Understanding (MoU) regarding critical minerals to the energy transition in Indonesia. The cooperation was carried out between Bahlil and the Minister of Export Promotion, International Trade, and Development of Canada Mary Ng.

The memorandum of understanding covers several programs, ranging from the implementation of environmental, social, and governance (ESG) standards, reducing greenhouse gas (GHG) emissions through clean technology, to strengthening trade and investment in the mining sector.

Bahlil said that the bilateral cooperation is expected to support energy transition projects in Indonesia and encourage economic growth in Indonesia and Canada. Furthermore, Bahlil said that the cooperation will also encourage the fulfillment of energy needs in Indonesia which are considered to continue to increase. This is also said to be in line with the projected growth in domestic electricity needs reaching 61 Giga Watts (GW).

“Our current electricity is 91 GW with economic growth below 6%. President Prabowo’s target for future economic growth is 8%, so we need an additional 61 GW to support that target,” Bahlil explained in the Energy Transition Roundtable (ETR) session, quoted from an official statement, Tuesday (3/12/2024).

In addition, cooperation between Indonesia and Canada is also considered in line with the energy transition program in Indonesia which is currently being drafted through the revision of the 2025-2033 Electricity Supply Business Plan.

“We designed the 2025-2033 Electricity Supply Business Plan with a target of 60% new renewable energy. We are committed to achieving net zero emissions by 2060, even pushing for it to be faster in 2050,” he added.

Bahlil also expressed his optimism about the potential for cooperation with Canada in the field of nuclear energy. Nuclear energy itself, said Bahlil, will begin to be implemented in Indonesia in 2032.

“We know that Canada is one of the leading countries in nuclear development. The House of Representatives has approved the use of nuclear power, and we are targeting the regulation to be completed in 2025. Its implementation will begin gradually in 2032,” said Bahlil. In addition, Bahlil also emphasized the importance of this cooperation to maintain a balance between advanced technology and affordable prices.

On the other hand, the Minister of Export Promotion, International Trade, and Development of Canada Mary Ng explained that through this bilateral collaboration, her party would support the sustainable energy transition in Indonesia.

Mary revealed that the Canadian government had actually prepared funds of up to 5.3 billion Canadian dollars (CA$) equivalent to IDR 60.14 trillion (assuming an exchange rate of IDR 11,348 per CA$) to support the world’s energy transition program, including one for Indonesia.

“Our commitment to supporting Indonesia’s fair and sustainable energy transition is substantial. This includes our global climate funding of CA$ 5.3 billion, including Indonesia over the past five years,” said Mary on the same occasion.

Mary said that the funding provided by the Canadian government was partly to support key projects with the Asian Development Bank, such as the Sarulla geothermal power plant in North Sumatra and wind and solar power plants in South Sulawesi and Lombok. Mary also said that Canada is proud to be a partner in the Just Energy Transition Partnership (JETP), which aims to mobilize public and private financing of up to US$ 20 billion to support Indonesia’s energy transition.

December 3, 2024, CNBC Indonesia

(https://www.cnbcindonesia.com/news/20241203122901-4-592960/ri-gandeng-kanada-garap-mineral-kritis-transisi-energi)