The government has announced a landmark investment commitment totaling US$22 billion (Rp358.4 trillion) from international partners to develop Green Sustainable Industrial Zones in Indonesia powered by large-scale solar energy.
The investment pledge − made by global firms Equator Renewable Asia, Keppel Ltd, Vanda RE, and Gurin Energi − was signed during the ongoing World Expo 2025 in Osaka, Japan.
"This signing is part of Indonesia’s strategic plan to develop a Green Economic Corridor in the Riau Islands, beginning with the construction of large-scale solar power plants in Batam, Bintan, and Tanjung Pinang," Deputy Minister of National Development Planning, Febrian Alphyanto Ruddyard, said during the Business Forum and Joint Statement event on the Development of Sustainable Green Industrial Zones, held at the Indonesian Pavilion on May 29, 2025.
As an initial step in this collaboration, Indonesia will launch its first integrated renewable energy pilot project, covering the entire value chain from upstream to downstream. According to Febrian, the initiative is a proactive move by the National Development Planning Board (Bappenas) to promote innovative programs under the National Strategic Projects (PSN), aligning with the 2026 Government Work Plan (RKP), themed “Food and Energy Sovereignty and a Productive, Inclusive Economy.”
The project is projected to create thousands of jobs and attract substantial investments in sectors such as electronics, semiconductors, biotechnology, data centers, and green hydrogen.
Bappenas reaffirmed its commitment to ensuring the project is implemented in accordance with prevailing laws and regulations, positioning it as a critical component of Indonesia’s transition toward a globally competitive and inclusive green economy.
"Indonesia welcomes multi-stakeholder collaboration that can bring benefits like technology transfer, research partnerships, and sustainable commercial investment. We aim to ensure that the clean energy transition not only supports our greenhouse gas emission targets but also drives inclusive and equitable economic growth across all regions of Indonesia," Febrian concluded.
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