Indonesia to lure more geothermal investments
Research and consulting firm Frost & Sullivan predicts that Indonesia will lure more investments in geothermal power this year following the government's announcement that tax incentives are ready for investments in renewable energy.
``Indonesia is interested in investing in the oil and gas sectors. The Indonesian government has a positive view of the invitation,'' from East Timor to invest in several sectors, said Teuku Faizasyah, international relations spokesman for the Indonesian President.