Published on September 8, 2025, by Indonesia Business Post
by Julian Isaac
Indonesia’s sovereign wealth fund BPI Danantara is set to launch 33 strategic projects, one of which is a major waste-to-energy (WtE) program aimed at turning waste into renewable energy.
“The WtE regulation in the form of a Government Regulation has been completed, and the tender process will begin soon,” Danantara CEO Rosan P. Roeslani said at the House of Representatives (DPR) on September 4, 2025.
He added that several cities are ready to move forward with tenders, including Jakarta, Bandung, Bali, Semarang, Surabaya, and Makassar.
“We will conduct the tender process openly and transparently,” he emphasized.
Rosan recently visited China to meet with Jiaxing Jiayuan SUS Environment, one of the world’s leading WtE operators. The company is known for its advanced combustion technology that generates renewable electricity while promoting sustainable waste management.
“We discussed potential cooperation in Indonesia that could support national targets for green energy development, while also exploring their manufacturing capacity and technological innovation,” Rosan wrote on his Instagram account.
In late July 2025, Rosan also met with Finance Minister Sri Mulyani Indrawati to discuss Danantara’s 33 strategic projects, with a focus on five priority projects in selected cities. The talks highlighted concrete steps to accelerate public investment, including financing strategies through potential Danantara bond issuance.
Sri Mulyani noted that the initial projects were chosen based on readiness and strong socio-economic impact.
“These initial projects were selected to ensure that every rupiah invested creates added value for both regional and national development,” she wrote on Instagram, quoted Thursday, September 4, 2025.
She also underlined the importance of maintaining project sustainability at the regional level and ensuring transparent communication with the public, markets, and institutions.
The meeting underscored a joint commitment between the Finance Ministry and Danantara to design a more targeted, measurable, and coordinated investment plan.
“The expectation is that these projects will not only stimulate economic growth but also deliver tangible benefits to the people,” she added.