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Jakarta Post

Taiwan eyes investment in Indonesian energy

  • News Desk

    The Jakarta Post

Jakarta   /   Mon, October 31, 2016   /  12:18 pm
Taiwan eyes investment in Indonesian energy Solar panels are installed in a settlement on Ponelo Island, North Gorontalo. A solar power plant (PLTS) with a capacity of 2 Megawatt-peak (MWp) has begun operations in East Sumalata district, North Gorontalo. This is the biggest solar plant in Sulawesi. (thejakartapost.com/Syamsul Huda M.Suhari)

Taiwanese investors are eyeing to invest in several industries in Indonesia, especially electricity infrastructure, Taiwan Vice Minister of Economic Affairs Wei-Fuu Yang said on Sunday.

Yang said a Taiwanese delegation had met with the Indonesian Chamber of Commerce and Industry (Kadin) and Indonesian government officials to discuss the investment plan.

"We will invest in the electricity sector, in solar power and biogas power plants," he said as quoted by tribunnews.com on Sunday.

Aside from investment in the sustainable energy sector, Yang further said, a Taiwanese state-owned enterprise planned to build sugar mills in several cities in Java. "We are working on the study, we must meet with the [Indonesian] government officials to find the right locations”.

He also said Taiwanese investors were also eyeing to invest in the downstream salt industry. "In addition to a food ingredient, salt can also be manufactured for cosmetics," he said. (ags)

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