In Vietnam, Vietnam Plus reported that waste-to-energy (WtE) processing businesses in Indonesia are attracting strong interest from foreign investors, particularly from Singapore, Japan, China, and several European countries, according to Indonesia’s Coordinating Minister for Food Affairs Zulkifli Hasan.
In response to this growing demand, the Indonesian government is working to simplify regulations and promote ease of doing business, especially in areas involving capital and technology, according to the report.
Alongside foreign investment, Indonesia’s sovereign wealth fund Danantara is also expected to play a key role in supporting the development of WtE projects, given their financial viability.
To accelerate WtE development, Indonesia also plans to streamline the licensing process for converting waste into electricity, addressing a major hurdle for potential investors, the report added.
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