UAE-Indonesia investments in energy sector is set to increase

[vc_row][vc_column][vc_row_inner][vc_column_inner][mk_image src=”” image_size=”full” align=”center” margin_bottom=”30″][mk_fancy_title size=”35″ font_family=”none”]UAE-Indonesia investments in energy sector is set to increase | President Joko Widodo has discussed efforts to increase cooperation in the energy sector worth up to US$5 billion with the UAE.[/mk_fancy_title][vc_column_text]

Tahar explained the #UAE intended to invest in#Indonesia, where the current investment value is still less than US$2 billion. The ESDM deputy minister said the potential energy investment could be increased up to $5 billion and included several areas of cooperation.

On the occasion, the President and the UAE delegation also discussed the potential for electricity cooperation in Indonesia to utilise environment-friendly energy. “We are also talking about Masdar, a company from the UAE, who wants to invest in renewable energy, including PLTS, solar power plants,” said Tahar.

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