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22
March

Indonesian Ministry of Environment and Forestry is committed to continuously creating a green and healthy eco-friendly city. To achieve the program, Indonesian Ministry of Environment and Forestry will continue to strengthen cooperation with various parties and specifically to supervise the city forest area. This was conveyed by Minister of Environment and Forestry Siti Nurbaya Bakar in a special interview with Voice of Indonesia in Jakarta on Tuesday (20/3).

“The Ministry of Environment and Forestry will strengthen collaboration with city planners, real estate, and people to make our cities greener and healthier. We actually has also ministerial decree issuance in 29, kind of guidelines for forest city management and providing supervision for city government on their preparation for city forest. So, we work on that aspect now,” Siti Nurbaya said.

Minister Siti Nurbaya Bakar moreover stated that the commitment to realize environmentally friendly city is in line with the 1945 Constitution related to the implementation of Human Rights. Due to the right of people to live in a healthy and green environment is part of human rights. Related to the linkage between forests and cities, Minister Siti Nurbaya Bakar explained that the city is heavily dependent on forests because it supplies vital needs for people in cities such as water, fresh air, and other necessities// Trs.Rezha/Edt.N

23
March

The Indonesian Institute of Sciences -LIPI through Bogor Botanical Gardens Conservation Center, and Kyoto University in Japan jointly collaborate with the Science and Technology Research Partnership for Sustainable Development -SATREPS supported by Japan International Corporation Agency -JICA and Japan Science and Technology -JST for the period 2016 to 2021. The research program entitled "Producing Biomass Energy and Material Through Revegetation of Imperata Fields" aims at developing technology capability of restoring Imperata fields for productive land and to produce and utilize biomass for energy production and renewable materials.

LIPI Deputy Chairman of Life Science, Dr. Enny Sudarmonowati in a press conference at Bogor Botanical Gardens Plantation Center, West Java on Wednesday (21/03) said that in addition to the cooperation programs with Japanese scientists, LIPI also obtains laboratory equipment for research. She also explained that LIPI doesn’t wants to rely only on government funds. Thus, LIPI decided to conduct international cooperation.

“This is what we want for LIPI. In addition to cooperation programs with leading Japanese scientists, LIPI also obtains equipment and laboratory tools. So, we do not just rely on government’s funds. The government’s funds are now getting less and less. So, we establish international cooperation,” Dr. Enny Sudarmonowati said.

Enny Sudarmonowati added that the tools officially accepted by the Indonesian Institute of Sciences are the latest version of existing tools. This research tool can be used not only by LIPI, but also by Indonesian people according to the existing borrowing procedures to be agreed between LIPI and the borrower. (Egi/Trans)

The Indonesian Institute of Sciences -LIPI through Bogor Botanical Gardens Conservation Center, and Kyoto University in Japan jointly collaborate with the Science and Technology Research Partnership for Sustainable Development -SATREPS supported by Japan International Corporation Agency -JICA and Japan Science and Technology -JST for the period 2016 to 2021. The research program entitled "Producing Biomass Energy and Material Through Revegetation of Imperata Fields" aims at developing technology capability of restoring Imperata fields for productive land and to produce and utilize biomass for energy production and renewable materials.

LIPI Deputy Chairman of Life Science, Dr. Enny Sudarmonowati in a press conference at Bogor Botanical Gardens Plantation Center, West Java on Wednesday (21/03) said that in addition to the cooperation programs with Japanese scientists, LIPI also obtains laboratory equipment for research. She also explained that LIPI doesn’t wants to rely only on government funds. Thus, LIPI decided to conduct international cooperation.

“This is what we want for LIPI. In addition to cooperation programs with leading Japanese scientists, LIPI also obtains equipment and laboratory tools. So, we do not just rely on government’s funds. The government’s funds are now getting less and less. So, we establish international cooperation,” Dr. Enny Sudarmonowati said.

Enny Sudarmonowati added that the tools officially accepted by the Indonesian Institute of Sciences are the latest version of existing tools. This research tool can be used not only by LIPI, but also by Indonesian people according to the existing borrowing procedures to be agreed between LIPI and the borrower. (Egi/Trans)

22
March

The government has promoted a new gross split scheme in oil and gas contract to Asian industries, during the Offshore Technology Conference Asia (OTCA), in Kuala Lumpur on Wednesday.

"This year, we have offered 26 new oil and gas contracts of work to investors," an expert staffer for strategic planning of the Energy and Mineral Resource Ministry, Yudo Dwinanda, stated. The ministry, he noted, has improved the regulation on production-sharing contract under gross split scheme for upper stream oil and gas business. The government has issued ministerial regulation no. 52/2017 on the amendment of ministerial regulation no. 8/2017 on gross split contract. 

Yudo remarked that the ministerial regulation is aimed at addressing various issues that have hampered the investment in the sector, while investment has been a key for economic growth.

"The gross split scheme is one breakthrough to overcome the problem, as a substitute for regulation on Production Sharing Contract (PSC)," he added.

Among the stimulus in gross split scheme would be fiscal incentive. On the other hand, the government has revoked 90 regulations, which were seen to have hampered investment, and simplified the licensing process to create a conducive climate for investment. However, the government did not set such a high target for oil and gas contract of work in 2018.

"Of the total 26 contracts of work we offered, it would be good to get at least 13 contracts, or half of it," he explained.

The government did not make any offer during 2015 to 2016 period, while in 2017, it offered five contracts of work.

"So far, investors have shown a positive response, and it is not true that the gross split scheme is discouraging," Yudo revealed.

22
March

Head of the National Development Planning Agency (Bappenas) Bambang Brodjonegoro has highlighted the importance of convincing foreign investors about potential areas of investment in Indonesia, so that they invest in the country.

"The point is we are seeking investment opportunities in infrastructure, from both strategic and financial investors. The most important aspect is we convince foreign investors that opportunities lie in Indonesia, and we already have a scheme and regulation in place that they could adopt," Brodjonegoro stated in Jakarta on Wednesday ( 21 March )

Earlier, the Investment Coordinating Board had held an Indonesian Infrastructure Investment Forum in London, the United Kingdom, and in Dublin, Ireland.  According to Brodjonegoro, the potential for investment from the United Kingdom and Ireland is still quite large, especially in the fields of finance and services. Ireland was selected to be the venue for holding the investment forum owing to the large migration of financial institutions. Meanwhile, opportunities to attract foreign investment from England are still quite large, especially in infrastructure and services.

"They are interested, but surely, most of them have never invested in Indonesia, so they need time to review projects in the pipeline and the scheme. Currently, we are in the follow-up phase. We need to make them understand the risks and potential areas of investment in Indonesia," Brodjonegoro explained.

The government is currently conducting intensive tourism development through the introduction of "the 10 new Bali."

The government has invited British and Irish investors, among others, to invest in Indonesia, with an alternative scheme of Non-Government Budget Infrastructure Financing. Indonesia was one of the promising investment destinations among the top five EU investment destinations in Southeast Asia for the 2007-2017 period. Indonesia ranks first, with 266 projects worth US$13,259.8 billion. The realization of British investment in Indonesia is still ranked eighth, below China, Japan, and France. (antara)