, Indonesia
145 views

South Korea, Indonesia ink deal for nuclear energy cooperation

It was one of the 16 agreements signed by the parties during the ASEAN Summit 2023.

Companies from South Korea and Indonesia signed a memorandum of understanding (MOU) to cooperate in “nurturing a nuclear energy industrial base,” and in other areas of the energy and mobility sector.

In a statement, South Korea’s Ministry of Trade, Industry and Energy (MOTIE) said the deal on nuclear cooperation is one of 16 MOUS signed at the Business Roundtable during Korean President Yoon Suk Yeol’s attendance at the ASEAN Summit 2023 in Jakarta.

Of the 16 MOUs, five were agreements in electric power and clean energy for eco-friendly equipment, green ammonia, carbon capture and storage, and electric power devices. They also signed two agreements for electric and integrated parking solutions in the mobility sector.

ALSO READ: South Korea targets to double new energy industry exports by 2030

Two deals were inked for establishing research and development centres in critical minerals and supply chain, one on biodegradable “white bio” in resources recycling, and three regarding root industries, construction equipment and fashion retailing.

The parties also signed two agreements in healthcare policies for health facilities consignment and ASEAN policy research.

MOTIE said the Korean and Indonesian governments will closely collaborate for the seamless implementation of follow-up measures of the agreements through the rolling out of incentives and official development assistance support.

Follow the link for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!