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Indonesia and New Zealand to cooperate on geothermal energy

Indonesia and New Zealand to cooperate on geothermal energy Mount Slamet, Indonesia (source: flickr/ Bambang Suryobroto, creative commons)
Alexander Richter 17 Apr 2012

Following a NZ trade mission visiting Indonesia, both countries signed a cooperation agreement on investment and technical cooperation in the field of geothermal energy.

Recently a NZ trade mission visited Indonesia and as part of the trip, both governments agreed to work together on geothermal energy  through cooperation in the field of investment and technical cooperation.

Indonesia’s President Susilo Bambang Yudhoyono said Indonesia is looking forward to the cooperation in the field of education in New Zealand, which is known as a country with superior technological capabilities in the field of geothermal energy.

“New Zealand has an advantage in geothermal. We invite the cooperation, either in the form of joint investment or technical cooperation and other forms of cooperation that brings real benefits to the two countries, “the president said in a joint conference with New Zealand Prime Minister John Key in the Presidential Palace, Tuesday 17 April 2012.

President Yudhoyono said in the next 5-10 years Indonesia will be actively developing geothermal energy. Given the large potential of geothermal in the country.

The government also welcomes the cooperation in the fields of education, which allowed students to learn Indonesia geothermal energy technology in universities in New Zealand.

Source: Bsisnis Indonesia (in Indonesian)

“We’re in the next 5-10 years will develop geothermal energy,” said Yudhoyono.