Prabowo, Danantara CEO Review $6 Billion Investment Pipeline
Jakarta. President Prabowo Subianto on Sunday met with Rosan Roeslani, who also serves as chief executive officer of Danantara Indonesia, to discuss a slate of downstream industrialization projects valued at $6 billion.
The meeting took place at Prabowo’s private residence in Bogor, according to Cabinet Secretary Teddy Indra Wijaya.
Five strategic downstream projects are scheduled to be launched by Danantara in several provinces early next month, Teddy said in an Instagram post.
“The meeting discussed progress on five downstream-sector projects by Danantara, which are set to break ground early next month,” he said. “These programs will be carried out in multiple provinces with a total investment of $6 billion, or around Rp 100 trillion.”
The discussions also covered the development of waste-processing projects aimed at converting landfill waste into energy.
“With this project, the volume of open waste will not only be reduced, but it will also generate significant economic value,” Teddy said, without providing further details.
Earlier, the government announced that it had prepared land in Tangerang Regency for the construction of a waste-to-energy facility valued at Rp 3 trillion ($181 million). The project has been designated a national strategic initiative and is scheduled to begin this year.
The facility will be financed by Danantara and is expected to take about two years to complete once construction starts. Local government officials said the plant will be able to process up to 3,000 tons of waste per day, serving Tangerang Regency as well as Tangerang City and South Tangerang City.
Similar waste-to-energy facilities are planned in other cities as part of broader efforts to address Indonesia’s growing urban waste challenges.
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