Green energy business explorations most in demand at ASEAN-Indo Pacific Forum

Jakarta – The ecosystem and value chain of electric vehicles is one of the most popular projects at the ASEAN-Indo Pacific Forum (AIPF), according to an official of the Ministry of state-owned enterprises (SOE). In fact, according to him, the three green energy projects presented were in demand beyond the forum’s capacity of around 50 people.

Deputy Minister of SOEs Rosan Roeslani said that energy transition and green energy are hot topics. In AIPF, the featured discussion topics are renewable energy, green hydrogen development, green ammonia, alumina refinery, battery value chain, as well as toll road and port infrastructure.

“We need a cumulative investment of more than USD 1.5 trillion is required by 2030, to achieve the emission reduction target,” Roeslani said in a written statement. Projection data shows that without action to mitigate climate change, the ASEAN region’s GDP will decline by 2048, making ASEAN the most vulnerable market in Asia.

Clean energy, an Australian priority too

According to Roeslani, clean energy is also one of the four sectors prioritised by the Australian Government to develop its business cooperation. Meanwhile, Deputy Minister of Foreign Affairs Pahala Mansury said that Asia is the leading investment destination for Australia, under Australia’s South East Asia Economic Strategy to 2040.

Australian Prime Minister Anthony Albanese said they prioritise four sectors, including agriculture and food energy security.

The business exploration event, which was attended by more than 185 national and international investors from 129 companies over two days, made AIPF successfully detect potential cooperation worth USD 32 billion for Indonesia and USD 810 million for other ASEAN member countries. (Hartatik)

Banner photo: Indonesian President Joko Widodo and heads of state/government of ASEAN countries listen to a presentation from PT PLN (Persero) Managing Director Darmawan Prasodjo (right) while visiting a booth on the sidelines of the ASEAN Indo-Pacific Forum (AIPF) at Hotel Mulia, Jakarta, Tuesday (5/9). (Source: Media Centre ASEAN Summit 2023/Galih Pradipta/aww)

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