Daewoo E&C accelerated its Indonesia market strategy during CEO Jung Won-joo's visit from the 7th to the 11th, proposing an integrated development model combining small modular reactors (SMR), liquefied natural gas (LNG) plants, and gigawatt-scale artificial intelligence data centers. The initiative aims to leverage the company's energy infrastructure expertise in a key strategic market. Daewoo E&C has completed $540 million in projects across Indonesia since first entering the market in 1986, including the Kraft paper mill, District 8, and Tangguh LNG expansion Phase 2.
Jung Won-joo Presents SMR-LNG-AI Integrated Model to Indonesian Officials
CEO Jung Won-joo visited Jakarta from the 7th to the 11th, meeting with Indonesian government officials and major developers to discuss cooperation across future growth businesses. During the visit, Jung introduced Daewoo E&C's accumulated technological capabilities in energy infrastructure to Sugeng Suparwoto, Chairman of the Indonesian Parliament's Energy Committee, and Todotua Pasaribu, Deputy Minister of Investment and Downstream.
Source: Daewoo E&C
Jung presented an "all-in-one integrated development" model that combines power generation infrastructure including SMR and LNG terminals and power plants with gigawatt-scale AI data centers. In a subsequent meeting with Pandu Sjahrir, Chief Investment Officer of Danantara (Indonesia's sovereign wealth fund), Jung discussed expansion of cooperation in investment development projects including new city development.
Daewoo E&C Completed $540M Projects in Indonesia Since 1986
Daewoo E&C first entered Indonesia in 1986 and has since executed projects totaling $540 million. The company's portfolio includes the Kraft paper mill, District 8, and Phase 2 of the Tangguh LNG expansion project.
Company Positions Indonesia as Core Strategic Market
A Daewoo E&C representative stated, "Indonesia is a core strategic market for Daewoo E&C, and we will become a trusted partner not only in real estate development but also in LNG plants, energy infrastructure, and AI data centers."
FAQ
What did Daewoo E&C propose during Jung Won-joo's Indonesia visit?
Daewoo E&C proposed an integrated development model combining small modular reactors (SMR), LNG terminals and power plants, and gigawatt-scale AI data centers during CEO Jung Won-joo's visit from the 7th to the 11th.
How much project value has Daewoo E&C completed in Indonesia?
Daewoo E&C has completed $540 million in projects across Indonesia since first entering the market in 1986, including the Kraft paper mill, District 8, and Tangguh LNG expansion Phase 2.