IDXChannel - The Indonesian Ministry of Foreign Affairs held inaugural the Indonesia-South and Central Asia (INASCA) Business Forum in Jakarta on Monday (7/10/2024).
The forum aims to unlock the untapped potential for cooperation between Indonesia and countries in South and Central Asia.
“There are 4 sectors where cooperation can be enhanced, namely Energy Security, Agriculture and Food Security, Health and Trade,” said Indonesian Vice Minister of Foreign Affairs Pahala Mansury in his opening remarks.
South and Central Asian countries have significant oil and gas reserves, and Indonesia's energy needs are still quite high, so it is important to establish cooperation in terms of energy supply, investment and technology for oil and gas exploration. Indonesia can bring its experience in building gas-based and renewable power generation capacity.
As for renewable energy sources, Indonesia and countries in South and Central Asia can also collaborate in the development of renewable energy, including solar power and hydropower, as well as renewable energy infrastructure.