The Indonesian government will invest nearly 100 billion in the development of electricity within ten years
According to a report by Indonesia's "Compass" on September 8, the Indonesian government will need to invest US$97 billion in the development of Indonesia's power facilities in the next 10 years.
On September 6, the Indonesian government released the "2010-2019 Indonesia Power Development Plan" in Jakarta. According to this plan, investment will focus on the construction of power stations and the laying of a nationwide power supply network.
The National Power Corporation of Indonesia has stated that it will raise the necessary funds through multiple channels. It is reported that the Indonesian government will invest in the plan, and banks will also give low-interest loans. At the same time, the company is also considering lending to foreign financial institutions in the form of export credits.