Mitsui Plans Investment in Indonesia's Coal Gasification Sector

Japan’s Mitsui & Co. Ltd. Has plans to invest in a coal gasification project in Indonesia, according to Jakarta Post newspaper.

Yukio Takebe, the president director and CEO of Mitsui Indonesia met with industry minister Saleh Husin in Jakarta to discuss the issue.

Both Saleh and Takebe did not elaborate on the investment value or time frame for the proposed project, the newspaper reported Monday.

Indonesia’s government has cooperated with Japan’s Ministry of Economy, Trade and Industry (METI) to develop a coal gasification project, which involves state-owned fertilizer firm Pupuk Kujang and Japan’s engineering giant IHI Corporation.

Recently, IHI Corporation kicked off the trial operation of its gasification prototype plant in the area of Pupuk Kujang in Cikampek, West Java, according to Jakarta Post.