Indonesia Needs Rp300 Trillion Investment to Achieve Total Waste Management by 2029
Jakarta, The Gulf Observer: Environment Minister Hanif Faisol Nurofiq announced that Indonesia will require an estimated Rp300 trillion (around US$20–21 billion) in investment to achieve full waste management by 2029, including the transformation of open dumping landfills across the country.
Speaking at a multi-stakeholder consolidation meeting in Jakarta on Thursday, Nurofiq stressed that the investment is necessary to meet the government’s target of 100 percent waste management, as outlined in the National Medium-Term Development Plan (RPJMN). This includes managing plastic waste and advancing the shift toward a circular economy.
The investment plan covers the conversion of 343 landfills still operating under open dumping systems into controlled or sanitary landfills. It also includes the development of Refuse Derived Fuel (RDF) facilities and waste-to-energy power plants (PLTSa) in 33 cities, the construction of 250 integrated waste processing facilities (TPST), and 42,000 Reduce, Reuse, and Recycle (TPS3R) facilities nationwide.
“This figure represents the investment potential for building a circular economy in Indonesia, but it also becomes a heavy burden if waste management is seen merely as an expenditure,” Nurofiq stated.
He acknowledged that funding remains a significant challenge, particularly amid the absence of an agreement on the Global Plastics Agreement at the recent INC-5.2 meeting in Geneva. While awaiting multilateral consensus, he underlined the importance of strengthening bilateral cooperation.
“Support from developed countries in the form of technology, investment, capacity building, knowledge transfer, and funding is certainly essential,” he added.
