Jakarta to ease local content rule on RE projects - Requirement to be introduced in a staged manner


- PHOTO ST FILE

JAKARTA: Indonesia is attempting to ease local content requirements to spur investment in renewable energy (RE) infrastructure but observers say there is more to be done in addition to revoking a single ministerial regulation.

The Industry Ministry said it will revoke an industry ministerial regulation on guidelines for using domestic products for electricity infrastructure development, according to a ministry letter to the Office of the Coordinating Maritime Affairs Minister.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Property segment set for solid expansion
BLand in proposed name change
Vestland terminates three jobs worth RM551mil
Uneven gains forecast from global chip upcycle
Strong year on the cards for consumer sector
Affin Bank set to shine on structural changes, digital platforms
BMW launches first locally assembled EV
Positive view on TM’s plan to lower staffing costs
REITs expected to outperform this year
SCIB shareholders approve rights issue at EGM

Others Also Read