Antara News·Indonesia·Wednesday, September 16, 2026 at 01:48 PM

Central Java attracts Dubai investment for mini-refinery project

Translate

Zuhdiar Laeis, Cindy Frishanti Octavia

Semarang (ANTARA) - Central Java Governor Ahmad Luthfi said Dubai-based investors plan to invest Rp5 trillion (US$283 million) in a mini-refinery project to process oil in Jepara District, Central Java.

"They (Dubai investors) are interested in investing in a mini-refinery in the Jepara area," Luthfi said in a statement in Semarang, Central Java, on Wednesday.

According to the Governor, the investment is set to be realized by the end of 2026, following the signing of a cooperation agreement.

Based on the presentation given by the prospective investors, he explained that the planned mini-refinery would be capable of processing crude oil.

He hopes the investment will come to fruition, thereby strengthening energy supplies in the Central Java region.

The UAE is recorded as one of the sources of investment for Central Java; over the past five years, the value of investments from UAE-based investors in the province has reached Rp13 trillion (US$735.5 million).

"Amidst global uncertainty, Central Java remains an investment destination, including for the investors from Dubai who visited today," he said.

Talal Ourfali, a representative of the Dubai-based investors, stated that the investment plan follows an assessment of Indonesia's potential, particularly Central Java's, which is highly promising, including the prospects for developing a mini-refinery for crude oil processing.

He acknowledged that while Indonesia currently lacks sufficient mini-refineries, the potential is significant; consequently, his group plans to build a facility with an initial capacity of 10,000 barrels per day, eventually scaling up to 30,000 barrels per day.

The facility will be located in Jepara District, with work set to begin before the end of the year; the investment value is estimated at around Rp5 trillion (US$283 million).

In addition to meeting with the Dubai investors, Luthfi also met with the Honorary Consul of the Republic of Indonesia in Gdansk, Poland, Miroslaw Wawrowski.

That meeting focused on strengthening cultural and tourism diplomacy between Central Java, Indonesia, and Poland.

One of the topics of discussion was the plan to develop a "Little Indonesia" at Dolina Charlotty. A Balinese cultural complex has already been built there, and a Javanese cultural complex is set to be constructed next.

View the original on Antara News →

KioskNews shows a cleaned-up reading view extracted from the publisher’s page — the original always lives on their site, not ours.