TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Economy in brief: China SOEs to invest in West Sumatra
The Chinese government has expressed interest in investing in renewable energy and infrastructure development in West Sumatra
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
T
he Chinese government has expressed interest in investing in renewable energy and infrastructure development in West Sumatra.
'West Sumatra has potential renewable energy resources but they haven't been optimalized yet due to a lack of infrastructure,' said China's consul general, Zhu Honghai, as quoted by tempo.co.
According to Honghai, limited infrastructure is a key issue in Indonesia.
During a meeting in Medan, Honghai committed to facilitating hundreds of Chinese state-owned enterprises (SOEs) to invest in the region, particularly in sectors such as infrastructure development, geothermal energy, basic industry, agriculture and tourism. Several Chinese companies are currently involved in the development of microhydro power plants (PLTMH), road infrastructure and agribusiness.
Commenting on the issue, West Sumatra Governor Irwan Prayitno said that the region had huge potential in geothermal energy. Around 17 geothermal sites are available and can generate up to 1,650 megawatts of power, five of which are run by private company PT Supreme Energy and Hitay Energy from Turkey.
