Jakarta, March 14 -- The Investment Management Agency Danantara Indonesia announced it had partnered with a Chinese company specializing in investment and environmental protection equipment to operate a wastetoenergy (WtE) plant in the Greater Bogor region, West Java.

Danantara, also recognized as a sovereign wealth fund, appointed Zhejiang Weiming Environment Protection Co., Ltd. to manage the electricity facility after a comprehensive selection process involving several international corporations.

In an official statement received here on Saturday, Danantara Chief Investment Officer Pandu Sjahrir said the agency had signed a partnership agreement with Zhejiang Weiming as part of efforts to implement an integrated approach to waste man...