Tuesday, November 29, 2016

Indonesia: Italy Wants to Cooperate in Developing Geothermal Energy

Italy to invest more in Indonesia (Jakarta Post)

Former Italian prime minister Enrico Letta conveyed Italy’s interest in boosting economic ties and investing more in Indonesia in Jakarta on Monday. Letta founded the Italy-ASEAN Association and was prime minister of Italy from 2013 to 2014.

“Next year, we want to invest more in Indonesia. We are not troubled [by domestic matters in Indonesia] and we are sure that Indonesia can overcome this present turbulence,” said Letta, adding that Italian companies were very much interested in investing in various sectors, including in infrastructure, energy and automotives.

“Our country is at the top with geothermal renewable energy technology. So we think that we can have very good joint cooperation in this area. We want to help them invest, not to sell goods only,” he said.