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A screenshot of PT LEN's finance and human resources director Indarto Pamoengkas during a webinar on topic “The 2022 G20 National Seminar” in Jakarta on Saturday (March 19. 2022). (ANTARA/ Juwita Trisna Rahayu) - 

PT LEN Industri is optimizing opportunities offered during the G20 Presidency to cooperate with local and foreign enterprises, LEN's finance and human resources director, Indarto Pamoengkas, stated.

“We are actively participating and optimizing opportunities in the G20 event to seek potential partners, both local and foreign,” Pamoengkas remarked during a webinar on “The 2022 G20 National Seminar” here on Saturday.

There are abundant opportunities that the G20 forum can offer to business players, especially to bolster global strategic partnership, according to the director.

Further cooperation is required for the stated-owned enterprise, that currently leads the DEFEND.ID holding, to achieve its target of ranking among the top 50 global companies, with a revenue Rp31.8 trillion by 2024.

“We are optimistic of meeting the target by 2024 by cooperating with big players abroad,” he affirmed.

PT LEN is also among the 28 state-owned firms involved in the G20 Working Group that is focusing on trade, investment and industry as well as energy sustainability.

DEFEND.ID holding comprises PT Len Industri, PT Dahana, PT Dirgantara Indonesia, PT Pindad, and PT Pal Indonesia

Each company’s targets should be in line with G20’s three key agendas: having high impacts on Environmental, Social and Governance (ESG); having high international values; and being able to be showcased in 2022, he explained.

In terms of strategic implementation of energy transition this year, PT LEN is developing its business lines on renewable energy, solar panels, solar power plants, solar-based transceiver station (BTS), and electric vehicles.

PT Dahana is developing a rooftop solar power plant to help reduce carbon emissions and save electricity. PT Pal Indonesia is designing vessels with biodiesel-fueled engines using B20, or a 20-percent blend of biodiesel.

PT Dirgantara Indonesia is developing bio-avtur, or aviation turbine fuel, for CN235 aircraft under a cooperation. PT Pindad is developing electric military vehicles, such as Rantis Maung Elektrik and electric motorbikes.

Meanwhile, Pamoengkas highlighted the holding's contribution to G20, including green military through electric vehicle development, solar-based charging stations, bioavtur J2.4 utilization from conventional avtur to fuel turboprop-engine aircraft, hospital vessels (BRS), and barge mounted power plant (BMPP) to increase effectiveness and efficiency in building power plants in the country and explosive material production made with B3 waste and smokeless propellant composite development//ANT