Energy, Oil & Gas

Indonesia targets EU investment in renewable energy, EVs

JAKARTA
Indonesia targets EU investment in renewable energy, EVs
Image by Slowstep/ iStock

Indonesia is positioning renewable energy, digital technology, agriculture and electric vehicle (EV) downstreaming as key sectors for European Union investment ahead of the planned 2027 implementation of the Indonesia–EU Comprehensive Economic Partnership Agreement (IEU-CEPA).

Coordinating Minister for Economic Affairs Airlangga Hartarto said the government is preparing to maximise investment opportunities created by the agreement.

“We have discussed many sectors, including renewable energy, digital cybersecurity, and several other sectors. Agriculture is also a focus for both countries,” Airlangga said as quoted by Indonesian news agency (ANTARA).

Bilateral trade between Indonesia and the 27-member EU reached $31.9 billion in 2025, while cumulative EU foreign direct investment in Indonesia totalled $13.6 billion over the past five years.

Indonesian Employers' Association (APINDO) Chairperson Shinta Widjaja Kamdani also identified fisheries, agriculture and healthcare as promising areas for European investment.

She said the trade agreement could support new investment and infrastructure development if domestic business conditions remain favourable.

"Our hope is that we can increase their investment here, whether they're building infrastructure or anything else. This is perhaps the real issue we need to look at in terms of the project pipeline in Indonesia," Shinta explained. -OGN/TradeArabia News Service