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After ‘Durian Collapses’, Jokowi Brings IDR 10.2 T Home from the US

Jakarta, CNBC Indonesia – On the sidelines of President Joko Widodo’s (Jokowi) visit to the United States, he met the Chairman and CEO of Air Products, Seifi Ghasemi, at the Ritz Carlton Hotel, Washington DC, Thursday (12/5/2022) local time.

Jokowi said the importance of implementing the investment plan of the company from Uncle Sam’s country and hoped that the investment plan could be followed up.

“I welcome the signing of the MoU in Dubai, last November 2021. As an implementation of the plan on January 24, I conducted a groundbreaking for the downstream coal to DME industry in Bukit Asam,” Jokowi said as quoted by the official statement from the Presidential Secretariat, quoted on Saturday (14/14). /5/2022).

Investment Minister/Head of BKPM Bahlil Lahadalia when met after the meeting said that from Air Products’ investment plan of US$ 15 billion, the first phase of US$ 7 billion has been realized, or Rp 10.2 trillion (assuming an exchange rate of Rp. 14,667/US$). )

“There is a DME project, methanol in Balongan, and we also want to build methanol in Cepu, the rest we will make hydrogen which will be built in Indonesia by utilizing state-owned dams,” said Bahlil.

Bahlil also said that from the results of the discussion between the President and the CEO of Air Products, there was also a plan to develop an industry from upstream to downstream in the petrochemical sector.

“Now the task is for the Indonesian government to execute it immediately. Because the money is there, the project is already there,” said Bahlil

“I think today’s meeting with Mr. President and Mr. Seifi shows that investment in Indonesia is not only controlled by a certain country but has been evenly distributed,” he explained.

[Gambas:Video CNBC]

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