Mining Directory

The Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia is ready to oversee Siemens Energy's investment in Indonesia, particularly in the energy transition sector. In his meeting with the President and CEO of Siemens Energy, Dr. Ing-Christian Bruch on the sidelines of the 2023 World Economic Forum in Davos, Switzerland, Tuesday (17/1), Bahlil emphasized Indonesia's current commitment to transitioning energy towards green energy, in line with the increasing demand for green energy at the global level.

"I give Siemens Energy the greatest appreciation for all our cooperation so far, especially regarding the energy transition, we have abundant natural resources such as wind, solar and water, as well as a large enough area that can be utilized as much as possible," he said in a statement. statement in Jakarta, Thursday. Siemens Energy Global Gmbh Co.KG has signed an MoU with PT Multi Fabrindo Gemilang (Multifab) for investment cooperation in the energy transition sector, which was carried out on the sidelines of the G20 activities in Bali on 10 November 2022.

Siemens Energy's investment value is estimated at € 70-100 million or equivalent to IDR 1 trillion - IDR 2 trillion. On that occasion, Bahlil also offered investment opportunities for the solar panel equipment industry to Siemens Energy. He said Indonesia has abundant raw materials at competitive prices, and the final product can be marketed both in the domestic market and for export.

CEO of Siemens Energy Dr. Ing-Christian Bruch said that Indonesia is an important country for Siemens Energy. Therefore, his party wants to further optimize the investment opportunities that exist in Indonesia. Christian also appreciates the support that has been given by the Government of Indonesia to Siemens Energy and is committed to not only seeking business opportunities for the Indonesian domestic market but also for export purposes.

"We want to contribute to Indonesia's development, especially in relation to the green energy transition. Indonesia is the largest economic power in Southeast Asia, especially related to energy. We will develop a roadmap for cooperation between Siemens Energy and the Government of Indonesia in pushing for the energy transition and how in the future we can create an energy source that is not only environmentally friendly but also affordable to the wider community," said Christian.

Siemens Energy is a business division of global technology company Siemens that focuses on products and solutions in the fields of energy generation, transmission and distribution. With this collaboration, in the future Indonesia can become a driver of the energy transition in the Asia-Pacific region as a producer to serve the domestic market and neighboring countries.

Source: https://www.antaranews.com/berita/3355791/bahlil-siap-kawal-investasi-siemens-energy-dukung-transisi-energi