Indonesia and Toyota Plan Joint Bioethanol Investment
Indonesia is in talks with Toyota for a $300 million bioethanol plant in Lampung province. The project aims to produce 60,000 kilolitres annually by 2028.
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The government of Indonesia is currently in discussions with Japan-based TOYOTA MOTOR CORP regarding a potential joint investment in bioethanol production. This collaboration aims to enhance the renewable energy capabilities of the Southeast Asian nation and reduce its dependency on imported fossil fuels.
