Indonesia asks investors to conduct sustainable businesses

Indonesia asks investors to conduct sustainable businesses

Photo File: An aerial view of skycrappers in Sudirman district, Jakarta. According to a report of International Finance Corporation (IFC), Jakarta has US$ 30 billion green investment potential in the sectors of infrastructure, public transportation, electric vehicle, waste and water managements, as well as renewable energy. ANTARA FOTO/Hafidz Mubarak A/hp/gtm

Investors must put into details in their investment plans all the environmental and social impacts of the infrastructure/business projects
Jakarta (ANTARA) - The Indonesian Ministry of Environment and Forestry (KLHK) has asked investors to conduct sustainable businesses by launching the environmental impact analyses document (AMDAL) in its investment plan, a high-ranking official said here Thursday. "(As part of investment plan), AMDAL is one of the important documents required by the authority to assure that business project launched in certain places will be launched in a sustainable manner by complying with our terms and conditions," the ministry's secretary general, Bambang Hendroyono said at a discussion forum on gender mainstreaming in Jakarta.

Investors must put into details in their investment plans all the environmental and social impacts of the infrastructure/business projects, he explained.

"We have provided safeguards (such as guidelines), so in the future, they could avoid any environmental impacts that may occur during the construction," he remarked while adding the guideline includes principles and regulations on sustainability in conducting businesses.

"Our main objective is to avoid any damages such as pollution or contamination in our ecosystem, as well as anticipating any social conflict that may occur because of certain infrastructure projects," he added.  

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