ENERGY 

Indonesia’s energy transition is taking shape around geothermal and converging into a long-term growth story. As the country accelerates plans to add tens of gigawatts in new capacity, the energy matrix is emerging as both a strategic anchor for energy security and a natural gateway for international capital and expertise. 

Xurya Daya: Powering Indonesia’s Solar Revolution 

Xurya Daya Indonesia pioneered a complete solution for solar power systems with no up-front costs—an innovative business model that has propelled the company to double in size each year since launch. Backed by venture capital, private equity, and development finance institutions, Xurya is now anticipating further gains.   

“We are pursuing growth beyond rooftop solar, particularly in electrifying the off-grid market,” says Co-founder and CEO Eka Himawan. “We are also exploring the IPP market.” With 250 projects nationwide and a target of 500-megawatt capacity within the next three years, the company’s commitment to transparency, accountability, and sustainable growth has helped secure clients, partners, and investors. “There’s still significant untapped opportunity,” says Himawan. 

Geo Dipa Energi: Delivering Geothermal Energy 

State-owned Geo Dipa Energi operates two geothermal power plants and plans to increase its generation capacity to 1,085 MW by 2035, as part of the government’s 2060 net zero target. Indonesia is well-positioned to lead in renewable energy: the country is home to around 40 percent of the world’s hydro and geothermal potential, with significant untapped resources.

Alongside the benefits of sustainable energy, greater renewable capacity could also attract manufacturing to Indonesia and strengthen the green economy, says Geo Dipa President Director Yudistian Yunis – with the company offering an ideal gateway for U.S. investment in the sector. “Acting as the government’s representative, Geo Dipa provides security for investors to partner in geothermal development.” 

RMK Energy: Mining That Gives Back 

RMKE has carved out a distinct role in Indonesia’s coal sector by succeeding where others stall. “We take on challenging concessions because unlocking their potential brings great rewards,” says President Director Vincent Saputra. The firm’s engineering-led focus on logistics and infrastructure has seen it thrive in regions overlooked due to access hurdles. But RMKE’s ambition extends further. “Our goal is to create an ecosystem that supports both mining and post-mining,” Saputra adds, emphasizing investments in education, health, economic independence, and infrastructure to deliver value to local communities. “We are open to opportunities both in and beyond coal.”

TELECOMS 

Telecommunications sits at the core of Indonesia’s digital ambition, evolving from basic connectivity into a platform for productivity and innovation. As 5G rollout accelerates and nationwide connectivity programs expand, the sector is becoming a critical enabler of Indonesia’s 2045 economic vision. 

Sarana Menara Nusantera: Connecting the Nation

PT Sarana Menara Nusantara (SMN) is a leading force in Indonesian telecoms, with a network of over 38,000 towers and 200,000 kilometers of fiber optic lines. Serving mobile operators and enterprise clients nationwide, the firm is critical to the country’s digital infrastructure.

Guided by a “Build, Buy, Return” strategy, which emphasizes organic growth, strategic acquisitions, and strong shareholder returns through dividends and buybacks, the company has expanded non-tower income to over 30% of revenue.

Under President Director Ferdinandus Aming Santoso, SMN is leveraging its core infrastructure expertise to enter adjacent sectors. These include iForte Energi, which delivers solar power services with over 100MW in operation or pipeline, and a fast-growing ATM network supporting rural financial access.

Supported by investment-grade ratings and rigorous governance, SMN is well-positioned for continued expansion. “We believe we can build infrastructure everywhere because of our capability,” Santoso says.

INDUSTRY 

Indonesia’s industrial sector is being repositioned as a global manufacturing engine, anchored in downstream development and export competitiveness. With policy incentives, industrial zones, and Industry 4.0 readiness aligning under a unified national strategy, industry is emerging as a cornerstone of Indonesia’s investor appeal. 

Indotruck Utama: Driving progress 

PT Indotruck Utama, part of the Indomobil Group, plays a central role in supporting Indonesia’s mining, construction, and agriculture sectors. As the exclusive distributor and service partner for leading global brands including Hino, Renault Trucks, John Deere, and Volvo Trucks and Construction Equipment, the business has built a trusted name through long-term partnerships.  

The company leads the market in Category 3 trucks and European CBU units, while performing strongly in Category 2 vehicles and expanding its presence in construction and excavation equipment. On the passenger side, strategy focuses on developing new brands, particularly electric vehicles.  

Indotruck’s success is rooted in providing clients with a one-stop solution, backed by its 140-location service network. “We not only sell products but also provide after-sales and customer support,” says President Director Bambang Prijono. “We always treat our customers as partners; it is never just about a transaction.” 

Consumer Goods  

Indonesia’s consumer goods sector is entering a more self-confident phase, shaped by rising middle-class demand, urbanization, and a steady shift toward branded, value-added consumption. From food and beverages to personal care and lifestyle products, domestic producers are scaling up while recalibrating for export-readiness. 

Jobubu’s Tipsy Coco: The Coconut Drink Redefining Alcohol 

In a global drinks market, Tipsy Coco stands apart for a simple reason: it is made from real coconut juice.  

With 5% alcohol, Tipsy Coco offers a light, sessionable alternative to beer and conventional ready-to-drink products. The flavor remains clean and natural, preserving the character of coconut juice while adding a subtle lift suited to warm climates and social occasions.  

The brand is produced by PT Jobubu Jarum Minahasa Tbk, a publicly listed Indonesian beverage company with nationwide distribution and one of the country’s rare full-spectrum alcohol production licenses, enabling Jobubu to transform local heritage products into national successes.  

“Consumers globally are looking for authenticity,” says President Director Audy Lieke. “With Tipsy Coco, we don’t engineer flavor—we let nature do the work.”  

As demand grows for lighter, more natural alcohol, Jobubu is preparing Tipsy Coco for international markets and engaging distribution partners across multiple regions.