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Jokowi’s new ministers pledge higher oil output, investments

Bloomberg
Bloomberg • 2 min read
Jokowi’s new ministers pledge higher oil output, investments
President Joko Widodo’s new ministers aim to set down policies that will boost oil and gas output as well as attract more private sector investment. Photo: Bloomberg
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President Joko Widodo’s new ministers aim to set down policies that will boost oil and gas output as well as attract more private sector investment beyond the current administration’s last two months in power.

Energy and Mineral Resources Minister Bahlil Lahadalia and Investment Minister Rosan Perkasa Roeslani respectively plan to look at incentives and push private sector cooperation in achieving their goals, they told reporters after their inauguration ceremony in Jakarta.

Lahadalia also vowed to support renewable energy and carbon capture projects, while Roeslani seeks investors for the new capital city called Nusantara.

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