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Selasa, 18 Februari 2025

35 French Companies Eye On These 3 Sectors

Jakarta, February 18, 2025 – The Minister of Investment and Downstream Industry/Chairman of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, welcomed a delegation of 35 French companies affiliated with the French international business association (MEDEF International) during a business meeting in Jakarta on Tuesday (18/02).


Rosan highlighted the significant opportunities for French investors in developing Indonesia's renewable energy sector. Indonesia's renewable energy potential is estimated at around 3,700 gigawatts, yet only 1% of this potential (13.08 gigawatts) has been utilized. This is spread across various regions, with the largest contributions coming from solar energy and geothermal energy, which boasts a potential of 23 gigawatts, the largest in the world.


"The key is to meet, discuss the potential, and simultaneously find ways to turn that potential into investment. Moreover, with 35 representatives from French companies present today, this is a great opportunity to strengthen collaboration," said Rosan.


Rosan also emphasized the importance of collaborations that focus on real opportunities. This approach can accelerate the utilization of investment potential, enabling it to be realized sooner.

"I believe this is a very good and productive meeting. In addition to presenting Indonesia's potential, we also received valuable feedback to strengthen collaboration, both between the private sector and the government and within the private sector. This is important so that we can continue to refine existing policies and regulations," Rosan added.


The French Ambassador to Indonesia, ASEAN, and Timor-Leste, Fabien Penone, expressed the French government's commitment to strengthening economic ties with Indonesia. He noted that French companies are already actively investing in various sectors in Indonesia, from nickel mining to banking. However, there is still room for further growth.


"Strengthening the relationship between France and Indonesia is a top priority for our government. French President Emmanuel Macron and President Prabowo Subianto have discussed this matter several times. This is why this meeting is so important for French companies to have the opportunity to engage with the Indonesian government," said Penone.


The Vice Chairman of MEDEF International and Chairman of The France-Indonesia Business Council, Philippe Louis-Dreyfus, highlighted the potential for cooperation in infrastructure, energy, and decarbonization sectors on the same occasion. He expressed optimism that the visit of the French delegation would yield positive results.


"Our main focus is on infrastructure, energy, and decarbonization, which aligns with President Prabowo and his administration's vision. I am confident that this visit will open up opportunities for mutually beneficial cooperation between the two countries," said Philippe.


Also present at the event were the Vice Minister of Investment and Downstream Industries/Vice Chairman of BKPM, Todotua Pasaribu, and the Indonesian Ambassador to France, Andorra, Monaco, and UNESCO, Mohamad Oemar.


This meeting is a testament to the shared commitment to strengthen economic relations between Indonesia and France further. With a total investment of USD 1.05 billion from 2020 to 2024, France has become one of Indonesia's strategic partners in the development of various economic sectors.


According to data from the Ministry of Investment and Downstream Industry/BKPM, France ranks fourth as the largest source of Foreign Direct Investment (FDI) from Europe, focusing on five key sectors: housing, industrial and office estates; machinery and electronics industries; food industry; hotels and restaurants; and trade and repairs. These investments reflect French investors' confidence in Indonesia's potential and contribute to sustainable economic growth and the strengthening of bilateral cooperation between the two countries. (*)


For further information, please contact:

Head of Protocol and Public Relations Bureau

Ministry of Investment and Downstream Industry/BKPM

Email: humas@bkpm.go.id

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