RE Invest Indonesia is a multi-stakeholder platform established by Tenggara Strategics in cooperation with the Centre for Strategic and International Studies (CSIS), to bring together the Indonesian embassies in China, Japan and South Korea; the Energy and Mineral Resources Ministry; the Investment Coordinating Board (BKPM); state-owned electricity company PLN; and energy companies from Indonesia, China, Japan and South Korea. A total of 36 speakers, ranging from ministers to renewable energy (RE) corporate executives, and more than 1,000 RE players joined the RE Invest Indonesia 2021 series, which consisted of China RE Invest Indonesia, Japan RE Invest Indonesia and South Korea RE Invest Indonesia.
During the RE Invest Indonesia 2021 sessions, Indonesian government officials and PLN executives heard the questions and concerns of foreign RE players about investing in Indonesia. Most questions were directed toward PLN, indicating a strong need for a platform to engage with PLN. Furthermore, the investment series saw high interest from investors in the country’s RE sector, but recurrent issues made investment less attractive, such as uncompetitive pricing compared to neighboring countries and the local content requirement (TKDN).
Looking at the participants’ high enthusiasm in the “Re Invest Indonesia 2021” series, as well as suggestions from participants and speakers, Tenggara Strategics, in partnership with CSIS, has proposed to continue the forum as RE Invest Indonesia 2022 to maintain the momentum of high interest among RE investors from China, Japan and South Korea to invest in Indonesia, update investors on the latest developments in Indonesia’s drive toward renewable energy and connect more foreign investors with project owners in Indonesia to help the country achieve its ambitious renewable energy investment targets.
Tenggara Strategics and CSIS, in partnership with the Embassies of Indonesia in Beijing, Tokyo and Seoul, plan to organize three renewable energy investment forums targeting investors from China, Japan and South Korea to help accelerate their investment in Indonesia’ energy transition.
Tenggara Strategics is a business and investment research and advisory institution established by the Centre for Strategic and International Studies (CSIS), The Jakarta Post and Universitas Prasetiya Mulya. Combining the capabilities of these three institutions, we aim to provide the business community with the most reliable and comprehensive business intelligence related to areas that will help business leaders in making strategic decisions. Tenggara Strategics offers daily media monitoring, strategic briefings and tailored research services to our clients to help them make strategic decisions.
Founded in 1971, the Centre for Strategic and International Studies (CSIS) has won recognition as an important research and policy institution both within Indonesia and internationally. Its development over more than three decades is entwined with the history of Indonesia itself. In addition to its core studies in domestic economic and political developments, CSIS has also progressively developed a more international orientation through organizing bilateral conferences involving various countries.
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