Indonesia plans $40 billion in energy projects for 2025

gulfnews.com

Indonesia plans to launch over 20 energy projects worth around $40 billion in 2025, according to the energy minister. These projects aim to boost domestic refining capacity and include using coal to produce an alternative cooking fuel. The initiatives are part of a broader strategy to enhance the economy and create jobs. A significant project involves producing dimethyl ether as a substitute for liquefied petroleum gas, which is mostly imported. Funding will come from Indonesia's new sovereign wealth fund, Danantara, which has an initial budget of $20 billion. The fund aims to support high-impact national projects and improve economic growth.


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Indonesia plans $40 billion in energy projects for 2025 | News Minimalist