Speaking to reporters in Jakarta on Friday, Danantara CEO Rosan Roeslani said that of the 204 interested companies, 66 are foreign investors.
"We have opened the process, and so far, more than 204 investors from both domestic and international markets have expressed their interest," he said.
Roeslani said the investor selection and bidding process is expected to begin in November.
Despite the strong interest, he explained that Danantara's role is primarily to attract investors. Even if no private companies participate, the fund will proceed with the waste-to-energy initiative, as the regulatory framework is already in place.
Currently, seven regions are ready to implement the program. Their readiness includes the availability of waste, land, water and electricity infrastructure, and, most importantly, integration with state utility PLN's electricity distribution network.
"The program is comprehensively ready to be executed," Roeslani said, adding that Danantara is now moving forward with the tender process in coordination with relevant ministries.
Danantara will serve as a shareholder in all waste-to-energy projects to ensure they are carried out effectively and in line with national standards.
President Prabowo Subianto has announced the government's plan to build waste-processing facilities in 34 cities nationwide. The facilities are designed to generate electricity from waste, with completion targeted within two years.
He said the development would be prioritized in cities with high waste volumes, including Jakarta, Bandung, Surabaya, and Bali. Funding has been allocated, and the government is finalizing contracts and selecting suitable technologies.
The waste-to-energy initiative is seen as vital to maintaining cleanliness, protecting public health, and supporting tourism development across Indonesia.
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Translator: Aji Cakti, Kuntum Khaira
Editor: Anton Santoso
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