IREIS 2023: China ready to invest in Indonesia’s renewable energy sector

Jakarta – The Indonesia Renewable Energy Investment Summit (IREIS) 2023, 13-14 November 2023, at the Pullman Central Park Hotel Jakarta, attracted more than 800 companies from China and Indonesia. One thousand five hundred participants attended the forum, showing high interest, especially from the Chinese side, in renewable energy investment in Indonesia.

Director of PT Shan Hai Map, Roger Hong Syeb Phearn, underlined the importance of Indonesia’s position as a large country with a population that is ranked fourth largest globally, so the country would need renewable energy sources to replace fossil fuels as future energy.

Phearn said Chinese investors are not only willing to invest but also ready to transfer and transition to Indonesian companies engaged in procuring renewable energy sources.

The IREIS 2023 forum provides insights into bioenergy, electric vehicles, and solar power generation. It creates opportunities for face-to-face communication between Chinese investors and Indonesian government representatives in the renewable energy sector.

To turn this forum into a real collaboration between the two countries, PT Shan Hai Map plans to organise a similar forum, such as IREIS 2023, annually with a different theme.

“Next year, we will bring back the same theme so that there are always the latest developments in the cooperation between Chinese investors and representatives of the Indonesian government,” Phearn said. (Hartatik)

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