Cooperation with Indonesia Soken, Repower Aims for Japanese Investors

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PRESS RELEASE

Photo caption, from left: Director of PT Repower Asia Indonesia Tbk Sjafardamsah, President Director of PT Repower Asia Indonesia Tbk Aulia Firdaus, CEO of Indonesia Soken Albertus Prasetyo Heru Nugroho, Japanese Education Head Indonesia Soken Matsumoto Shiori.

Jakarta, Friday, August 05, 2022 – Property issuer, PT Repower Asia Indonesia Tbk (REAL) signed a Memorandum of Understanding (MoU) with a business development research company from Japan that concentrates on the Indonesian market, namely Indonesia Soken Co., Ltd. The signing was carried out in order to attract investment from Japanese investors for property development in Indonesia.

The signing of the Repower collaboration with Indonesia Soken was carried out on Friday (05/08/2022) at the Graha Repower Asia Building, Jalan Warung Buncit Raya, South Jakarta, represented by the President Director of PT Repower Asia Indonesia Tbk Aulia Firdaus with the CEO of Indonesia Soken Albertus Prasetyo Heru Nugroho , also attended by Director of PT Repower Asia Indonesia Tbk Sjafardamsah and Japanese Education Head Indonesia Soken Matsumoto Shiori.

“With this collaboration, it means that the property business in Indonesia is still considered attractive by foreign investors, especially Japanese investors, so this is a great opportunity for the growth of the property market in Indonesia,” said Aulia Firdaus.

“We hope that this collaboration will be the start of a good synergy in increasing the opportunities for Japanese investors to collaborate with Repower, so that we can further excite the property market in Indonesia, of course, this can also boost the development of Repower’s property business, both in terms of the property business. real estate, commercial property, digital property, and educational property,” continued Aulia Firdaus.

Albertus on the same occasion added that along with improving economic growth, the need for quality housing has also increased rapidly, even now the number of housing backlogs has almost reached 13 million. Therefore, this collaboration is a great opportunity for Japanese investors to contribute through investment in the property sector in order to create a quality life for Indonesian people.

“This collaboration is one of Indonesia Soken’s commitments and active roles in advancing the Indonesian economy, especially in the property sector, especially in opening up opportunities for Japanese investors to be able to expand in property development in Indonesia,” said Albertus.

Aulia said that this cooperation is in line with bilateral relations which have become stronger after President Jokowi’s recent visit to the country of the rising sun.

“The synergy that has been built is one of Repower’s strategies in opening up opportunities for strengthening funding from foreign investors in order to produce quality properties and support the Company’s expansion in the future,” concluded Aulia Firdaus.

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