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View all search resultsThe government has secured investment commitments from China for 16 projects valued at a total of Rp 36.4 trillion (US$2.2 billion) under a memorandum of understanding (MoU) linked to the “Two Countries, Two Parks” initiative.
The IMIP has grown into an almost semiautonomous zone, showing how the state must stay on top of such unchecked developments to fulfill its mandates in ensuring the well-being of both the nation and its people, which necessarily involves securing the environment.
During a recent public consultation on revisions to Presidential Regulation No. 112/2022, the government floated additional exemptions for new coal-fired power plants, framing them as necessary to maintain “system reliability and energy independence.”
The true reasons behind the announcement of a new security treaty between Indonesia and Australia are not clear, especially when the neighbors have yet to exploit the many economic potentials of their strategic partnership as well as other nondefense collaborations.