According to JBIC Executive Director, Fumio Hoshi, the two projects include Steam-based Power Plant in Central Jawa and Geothermal Power Plant in Sarula, North Sumatra.
Fumio went in by saying that the fund JBIC has channeled through Indonesia reaches US$9 billion, which will be mostly allocated to LNG projects.
JBIC also plans to invest in Geothermal Power Plants in several Sumatra areas as well as transportation, coal-train railways, and mass rapid transit.
JBIC on the other hand makes arrangements to participate in a feasibility test on metropolitan priority area projects which include rebuilding of industrial zone in East Jakarta, Soekarno-Hatta Int'l Airport expansion, Tanjung Priok Harbor development, port construction in Cilamaya, industrial revitalization in Cikarang, at a total of US$30 billion.
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