Japan plans $500m in loans for Indonesia's clean energy shift

Public-private initiative to propel tech exports by Japanese companies

20221114 Kishida Jokowi

Japanese Prime Minister Fumio Kishida, left, and Indonesian President Joko Widodo hold bilateral talks at the G-20 summit in Bali.

TAKASHI TSUJI, Nikkei staff writer

BALI, Indonesia -- Japan will assemble loans of up to $500 million to help Indonesia adopt renewable energy and expand grid networks under a public-private decarbonization initiative.

Japanese Prime Minister Fumio Kishida and Indonesian President Joko Widodo announced the collaboration agreement on Monday during bilateral talks in Bali.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.