Incentives Planned for Eco-Friendly Investors

The government is planning to provide incentives to investors wishing to use environment-friendly technology, raw materials, energy and production process, an investment official said, Asia Pulse reported Tuesday (11/12/07).

Chief of the Investment Coordinating Board (BKPM) Muhammad Lutfi did not reveal the model of incentives but added the incentives are part of the government's effort to share the private sector's responsibility for conserving the environment.

So far, environment-friendly investment is made in the country's geothermal power plants, he said adding that the investment in the sector is expected to increase to $2 billion in the next two to three years.
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