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U.S. and Asia-Pacific Prepare US$30 Billion Energy and Critical Minerals Deal

The United States and several Asia-Pacific countries, including Japan, are preparing to announce an energy and critical minerals agreement worth at least US$30 billion. The cooperation includes commitments to purchase coal, oil, LNG, and nuclear energy, while also strengthening the supply chain for critical minerals.
This agreement forms part of the U.S. strategy to diversify energy and mineral supply sources and reduce dependence on China, particularly amid geopolitical uncertainty and disruptions in global energy supply.
– BloombergTechnoz, March 13, 2026

Prabowo Targets Completion of 100 GW Solar Power Development by 2028
President Prabowo Subianto aims to complete the development of 100 GW of solar power capacity within two years by 2028. The project is estimated to require around 100,000 hectares of land, with part of the potential land located in West Java and Perhutani areas.
This program is part of an accelerated energy transition strategy, including converting diesel power plants to solar power, expanding geothermal energy, and developing biodiesel and bioethanol to reduce dependence on fossil fuels amid global oil supply uncertainty.
– BloombergTechnoz, March 13, 2026

National Fuel Stocks Secure, Supply Reaches 30 Days Ahead of Eid
The government stated that national fuel reserves have reached approximately 30 days of supply, covering gasoline, gasoil, and aviation fuel (avtur), which is considered sufficient to meet the surge in demand during the 2026 Eid holiday period.
Domestic oil production is targeted at 610–620 thousand barrels per day, while the remaining demand will be met through imports of crude oil and refined fuels. During the homecoming period, gasoline consumption is projected to increase by around 12%, gasoil consumption is expected to decline by 14.5%, and aviation fuel demand is forecast to rise by 2.8%.
To ensure energy distribution, the government and Pertamina have prepared 125 fuel terminals, 7,885 gas stations, and 72 aviation fuel depots, with operational energy stocks maintained at around 17–23 days.
– Kontan, March 12, 2026

Government Reviews Oil Import Diversification Amid Hormuz Strait Risks
The government is preparing anticipatory measures to safeguard national energy supply resilience amid uncertainty in the Strait of Hormuz, a strategic shipping route for global oil trade.
One option under review is to redirect part of Indonesia’s crude oil imports from the Middle East to other countries such as the United States, Nigeria, Brazil, and Australia. In addition to diversifying supply sources, the government is also considering domestic fuel efficiency measures to reduce exposure to global energy supply disruptions. However, no final decision has been made as the government continues evaluating various scenarios.
– Kontan, March 12, 2026

Techno-Electric Stack Becomes the New Arena of Global Industrial Competition
The United States and China are developing Techno-Electric Stacks (TE Stacks), industrial ecosystems that integrate batteries, semiconductors, AI, software, and manufacturing across sectors such as electric vehicles, robotics, and electronics. This structure is emerging as a new foundation of global industrial power.
Amid this competition, Southeast Asia needs to focus on building and owning parts of this technology ecosystem rather than merely choosing between U.S. or Chinese technologies. By strengthening digital infrastructure, semiconductor capabilities, and ASEAN policy integration, the region could enhance technological independence while attracting global investment.
– Fulcrum, March 10, 2026

Danantara and Ministry Push Development of National Semiconductor Ecosystem
Danantara and the Ministry of Higher Education, Science, and Technology are strengthening the development of Indonesia’s semiconductor industry and research ecosystem through collaboration among the government, universities, research institutions, and industry players. The focus is on building the value chain from chip design and talent development to fabrication readiness and business model development.
The workshop aims to produce three key outputs: identifying priority semiconductor products, developing a national talent development plan, and preparing a five-year collaboration roadmap to accelerate industrial downstreaming and commercialization.
– Antara News, March 14, 2026

DAMAC Digital Builds Indonesia’s First Data Center with US$150 Million Investment
DAMAC Digital is building its first data center in Indonesia, JKT01 – Jakarta Central, with an investment of around US$150 million (approximately Rp2.3 trillion) in the MT Haryono area, Jakarta. The first phase of the project is targeted for completion in the third quarter of 2026 to support the growth of Indonesia’s digital ecosystem and cloud demand.
The six-story facility will have a capacity of 19.2 MW, accommodate up to 1,350 server racks, and be designed with green data center standards and scalable infrastructure. The JKT01 facility is expected to meet growing demand for cloud and edge computing services while strengthening Indonesia’s position as an emerging digital hub in Asia.
– Kontan, March 13, 2026

Waste-to-Energy Projects Target Operations by Early 2028
The government targets the first phase of Waste-to-Energy (WtE) projects to begin operations in early 2028, with groundbreaking scheduled for June 2026. The first phase will cover four locations—Denpasar Raya, Bekasi, Bogor Raya, and Yogyakarta—managed through Danantara to address Indonesia’s waste management challenges.
The government is also preparing the second phase across 14 additional locations, including Jakarta, Surabaya, Semarang, Medan, and Tangerang. The projects aim to accelerate waste-to-electricity processing while reducing the growing volume of waste in major cities.
– Kontan, March 12, 2026

Global Investors Begin Shifting Portfolios to Asia-Pacific
The Asia-Pacific region is expected to become one of the main global investment destinations in 2026, driven by strong economic growth, AI-driven technology cycles, global supply chain relocation, and rising domestic consumption in emerging economies. The IMF projects Emerging Asia to grow around 5% in 2026.
Sectors with the strongest prospects include semiconductors, healthcare and biotechnology, retail, financial services, and renewable energy. This trend is encouraging investors to diversify geographically, including through global mutual funds to capture growth opportunities in the Asia-Pacific region.
– Bisnis Indonesia, March 9, 2026

Prabowo Targets 10% Annual ROA for Danantara
President Prabowo Subianto has set a target for Danantara to achieve a return on assets (ROA) of 10% per year as a benchmark for strong investment performance. However, the government acknowledges that the target may not be achieved during the early years of operations.
If achieved, Danantara could generate significant returns for the state. Even with a 5% ROA, the fund could potentially produce around US$50 billion or approximately Rp800 trillion annually.
– BloombergTechnoz, March 11, 2026

SGN (SugarCo) Prepares Acquisition of 7 Sugar Mills from ID Food
PT Sinergi Gula Nusantara (SGN) is finalizing plans to acquire seven sugar mills owned by ID Food, with the signing targeted for late March or early April 2026. The move aims to strengthen consolidation and restructure Indonesia’s national sugar industry.
In 2026, SGN targets sugarcane milling of 14.5 million tons and sugar production of around 1.07 million tons, with a gross profit target of Rp1 trillion. The target forms part of the recovery effort after performance in 2025 was pressured by abnormal wet climate conditions and declining molasses prices.
– Bisnis, March 13, 2026

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