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US$87.4 B Investment to Target Energy Sector

The investment will be mostly gathered from private sectors.

Rabu, 21 Oktober 2009, 12:12 WIB
Hadi Suprapto, Ferial
  (Dok. NREL)

VIVAnews - The Department of Energy and Mineral Resources is planning for an investment of US$87.4 billion to work out the energy infrastructure between 2010 and 2014.

The investment will be mostly gathered from private sectors.

The investment will among any others aim at developing upstream and downstream oil and gas infrastructure which is estimated to reach US$31.2 billion. In 2010, the investment will be US$2.9 billion and from 2011 to 2014 it will reach, consecutively, US$3.2 billion, US$4.3 billion, US$10.5 billion and US$10.2 billion.

As for the infrastructure development of power plants, transmissions, distribution and power-plant development from new and renewable energy in the electricity sector, the allocation will be worth US$44.4 billion.

Mineral, coal and transportation sectors will have an investment distribution of US$11.7 billion. Meanwhile, the investment for ground water will have US$50 billion of investment.

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Translated by: Bonardo Maulana Wahono



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