US-Indonesian MOI to Develop Waste to Fuel & Resource Projects in Jakarta

US-Indonesian MOI to Develop Waste to Fuel & Resource Projects in Jakarta

US Vice President Mike Pence has participated in a ceremony celebrating the
signing of multiple MOUs to develop waste to bioproducts projects in
Jakarta, Indonesia.

Along Pence at the signing ceremony were Indonesian Vice President Jusuf
Kalla, Greenbelt Resources Corporation (OTC: GRCO) CEO Darren Eng, and
Jababeka Infrastruktur Director, Tjahjadi Rahardja. The celebration ceremony
took place as part of an event to showcase over $10.0 billion dollars in
trade deals between the United States and Indonesia.

The MOU was said to mark the first U.S.-Indonesia municipal waste to
bioproducts project known as JababECO.

The inaugural project will feature Greenbelt Resources' proprietary and
innovative ECOsystem technology and will process municipal food waste into a
myriad of bioproducts including bioethanol, animal feed, fertilizer and
distilled water.

For JababECO, the ECOsystem technology alone is valued at USD $4.5 million
(IDR 59.8 billion) with an additional product sales value of another USD
$6.0 million (IDR 79.7 billion) cumulatively over the next five years.

When complete JababECO will demonstrate the sustainable circular economy in
action by utilizing local waste resources to produce locally sold
bioproducts.

"Our technology was specifically developed to address local municipal waste
needs, a tremendous challenge in growing cities like Jakarta," explained
Eng. "We're excited for this opportunity and believe that out of this
project, we can create a new model of municipal waste management for cities
across the country and around the world."

History

In 2015, Indonesia's Environment and Forestry Ministry waste management
director Sudirman told the The Jakarta Post he was considering declaring a
state of emergency regarding waste management.

In the same year, ministry data found that an average person produces 0.7
kilograms of waste per day. With a population of 250 million people in
Indonesia, this amounts to 64 million tons per year, with the majority
dumped in fast filling landfills.

Jababeka & Co. Chairman and Founder Setyono Djuandi Darmono believes that
his company is leading the way for a new approach to Indonesia and Jakarta's
waste management challenges.

"We're building cities of the future that create interconnected communities
through the latest and most promising technologies from waste water
management to fiber optics to sustainable energy," he said. "New cities need
new and innovative approaches to growth challenges and we believe Greenbelt
Resource's JababECO technology will prove to be an ideal local waste
solution for our cities' local needs."

--- --- --- --- --- --- --- --- --- --- --- --- --- --- ---

Link to Original Article:
https://waste-management-world.com/a/us-indonesian-moi-to-develop-waste-to-f
uel-resource-projects-in-jakarta

--- --- --- --- --- --- --- --- --- --- --- --- --- --- ---

John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com