Indonesia and Finland Develop Their Economic Cooperation

A meeting was held on Tuesday between Finish and Indonesian officials. On the agenda were discussions regarding combining bio-energy development, forestry management and investment.

“Certainly we will focus on investment, renewable energy and forestry,” Coordinating Minister for Economic Affairs Hatta Radjasa said on Tuesday.

In regard to the renewable energy forestry regulations that had been issued in 2006 and 2008 Hatta said that: “They are already signed by the President. We will use them. Finland will provide the funds for forestry management in Riau and Kalimantan,”

He also went on to state that Finland was very active in relation to renewable energy development. “We wish to find the best form of cooperation in the development of bio-energy including biofuels,” he said.

So far no figure has been announced to reveal how much investment Finland will be putting into Indonesia. “The essence is we will push efforts in investment, bio-energy development and forestry management. We will also offer geothermal energy development,” Hatta said.