#Infrastructure
UAE’s Masdar explores renewable energy project in IKN
Abu Dhabi-based clean energy company Masdar is currently exploring a renewable energy project in Nusantara capital city (IKN). The company has made it clear by sending a team to IKN.
National data center to be completed on October 2024, Minister says
The Ministry of Communication and Informatics targeted to complete the construction of the national data center to be completed and inaugurated on October 2024.
Striking the balance: Criticism of government incentives for the IKN project
The pursuit of the new capital city project in East Kalimantan, also known as the IKN project, has been met with caution by a public policy observer from Trisakti University Trubus Rahadiansyah.
Energy Ministry calls for continuation of bauxite smelter project despite export ban
The Energy and Mineral Resources (ESDM) Ministry has urged bauxite producers to continue building smelters, despite the commodity has become the subject of an export ban, which took effect on June 10, 2023.
Government approves an extra IDR 15 trillion budget to boost IKN development
The House of Representatives’ Budget Agency has given its approval for an extra IDR 15 trillion (US$1.01 billion) for the Nusantara Capital City (IKN) development.
Pertamina secures US$7.2 billion funding for Balikpapan refinery project
PT Pertamina has successfully secured a substantial funding of US$7.2 billion to support the Balikpapan Refinery Development Master Plan (RDMP) project.
Masela Block: Shell to transfer 35 percent stakes to Pertamina by June
Energy and Mineral Resources Minister Arifin Tasrif announced that the sales and purchase agreement (SPA) for a 35 percent participating interest in the Masela Block between Shell Upstream Overseas Ltd and PT Pertamina is set to be finalized by the end of June. Both parties have successfully reached a consensus.
Indonesia's Satria satellite set to revolutionize internet connectivity and drive economic growth
The Satria satellite (Satelit Republik Indonesia) of the Indonesian Government will be launched from Cape Canaveral, Florida, United States of America on June 17, 2023. The launch is part of a strategy to realize the government's vision to make Indonesia's the fifth country with the largest Gross Domestic Product by 2025.
Indonesian government works on EV regulations and boosts charging infrastructure
The Ministry of Energy and Mineral Resources is currently revising the regulations on electric vehicles to facilitate the establishment of charging stations and reduce charging costs.
The urgent need for solar cell recycling solutions in Indonesia
The Indonesian government emphasized that it will remain focused on achieving Net Zero Emissions (NZE) through increasing the energy mix and using new renewable energy (NRE) such as solar cells. However, the government is yet to devise a recycling and sustainability schemes for used solar cells.
Investment delays in IKN projects attributable to slow infrastructure development
Despite having received 220 Letters of Intent (LoI) from prospective investors, no actual investments have been channeled to the Nusantara Capital City (IKN) project. The delay can be attributed to slow development of essential basic infrastructure, which is the key responsibility of the government.
Bakrie and Shanghai-based Envision to develop Net Zero Industrial Park in South Sulawesi
Envision Group founder and CEO Lei Zhang has confirmed that Envision, in partnership with PT Bakrie & Brothers Tbk (BNBR), will embark on the development of a Net Zero Industrial Park in South Sulawesi, dedicated to nickel processing. The joint venture between the two companies involves a substantial investment of US$9 billion.