JAKARTA (rambuenergy.com) – Indonesia’s Investment Coordinating Board (BKPM) said a number of investors from China are looking to invest in shipbuilding as well as waste-to-energy power plants.
The head of BKPM Franky Sibarani said in a statement said the investors from China would enter through two options — either as EPC (engineering, procurement and construction) in a number of domestic projects or setting up partnerships with local partners.
“One option is setting up joint venture with local companies in which they will supply equipment and technology,” he said.
He made the statement after recently met with CEO of a Chinese government owned shipbuilding firm. Franky however did not disclose the names of the Chinese potential investors.
Franky Sibarani said with regard to the waste-to-energy power plant, they will start with carrying out pilot projects. Once these projects are realized, they will develop three waste-to-energy power plants (PLTsa) with investment value of US$50 million each. One PLTsa is projected to process 600 tons of waste per day and convert these wastes or city garbages into energy.
He noted one local company is seeking a foreign partner to develop LNG carrier. These Chinese investors could form partnership with Indonesian shipbuildings or shipowners. (*)