11/17/2020 | Press release | Distributed by Public on 11/17/2020 08:26
Minister of Economic Affairs Mika Lintilä will meet Indonesia's Minister of Energy and Mineral Resources Arifin Tasrif on 18 November 2020 as part of a virtual Team Finland visit. The main themes of the meeting will be energy and Indonesia's new intelligent energy projects.
The aim of the ministerial meeting is to improve the operating conditions of Finnish companies in the Indonesian energy markets and to promote business partnerships between Finland and Indonesia.
Indonesia's growing economy offers a wide range of opportunities for Finnish companies in the Southeast Asia region. In particular, the expertise of Finnish companies in renewable energy, electrification of society, bioeconomy and circular economy can be utilised for Indonesia's economic development.
'I welcome the good relations between Finland and Indonesia. The energy sector in particular has played an important role and I hope that cooperation in the sector will become even closer in the future, for example within energy solutions promoting the circular economy,' says Minister Mika Lintilä.
As a large and growing economy, Indonesia is a potential partner for Finnish businesses. Minister of Economic Affairs Mika Lintilä visited Indonesia in 2017 with a Team Finland business delegation. During the visit, Lintilä met Deputy Minister Arcandra Tahar of the Ministry of Energy and Mineral Resources.
The International Renewable Energy Agency IRENA estimates that the demand for energy in Indonesia could increase by one quarter and the demand for electricity could triple between 2015 and 2030. Although the country's dependence on domestic coal and imported oil products has grown, it is also increasingly using renewable energy sources. Indonesia aims to increase the share of renewable energy to 23% of energy consumption by 2025 and to 31% by 2050.
After the ministerial meeting, Business Finland will organise a virtual energy sector seminar ('Smart Energy, Waste to Energy and Waste to Value') on 24 November 2020. Nine Finnish companies together with representatives of the Indonesian public and private sectors will participate in the seminar. Minister of Economic Affairs Mika Lintilä will present a video greeting at the beginning of event.
Team Finland is a network of public sector actors providing internationalisation services to Finnish companies.
Nina Alatalo, Adviser to the Minister (EU and international Affairs), Ministry of Economic Affairs, tel. +358 29 504 7171
Kati Shibutani, Senior Specialist, Ministry of Economic Affairs, tel. +358 29 504 9047
Juho Korteniemi, Chief Specialist, Ministry of Economic Affairs and Employment, tel. +358 50 567 0715