Jakarta, Indonesia – June 11, 2025 – Global IT firm FPT and Indika Energy, Indonesia’s leading diversified investment company, have signed a Memorandum of Understanding (MoU) to establish a strategic collaboration in the fields of Smart City development and Digital Transformation.

The MoU outlines a collaboration framework between Indika Energy and FPT to explore and implement Smart City Innovation, including efficient transportation systems, enhanced connectivity, sustainable urban planning, and improved urban security, as well as Digital Transformation solutions to support Indika Energy’s ongoing diversification strategy and digital ventures. These efforts will leverage FPT’s decades of domain expertise and technologies such as Optical Character Recognition (OCR), Robotic Process Automation (RPA), and AI-powered chatbots.

“This partnership represents a shared vision for a more sustainable and digitally empowered future,” stated Nguyen Van Khoa, CEO of FPT Corporation. “By combining FPT’s global technology expertise with Indika Energy’s commitment to green transformation, we aim to co-create solutions that not only enhance urban living, build more sustainable, connected, and intelligent communities; but also support Indonesia’s transition toward a low-carbon economy.”

The partnership marks a significant milestone in Indika Energy’s green energy shift, targeting 50% of its revenue from non-coal sectors by 2028 and aiming to achieve net-zero by 2050. Through its digital arm, Xapiens Teknologi Indonesia, the company has been delivering cutting-edge ICT solutions including artificial intelligence (AI), cloud computing, ERP systems, data analytics, and cybersecurity.

“At Indika Energy, we see digital innovation as a key enabler in achieving our long-term sustainability goals. This collaboration with FPT allows us to unlock new value in Smart City development—where technology plays a central role in shaping livable, efficient, and future-ready urban environments. It also reinforces our commitment to transform and diversify our portfolio, aligned with our aspiration to contribute meaningfully to Indonesia’s digital and low-carbon future,” said Azis Armand, President Director and Group CEO of Indika Energy.

Established in 2017, FPT Corporation’s subsidiary in Indonesia has achieved numerous milestones, affirming the company’s global positioning. It has partnered with leading Indonesian corporations in sectors such as banking and finance, telecommunications, and energy, offering end-to-end services, a scalable approach to innovation, and a robust pipeline of high-quality talent to support the digital transition of the world’s fourth-largest population. The subsidiary currently has over 200 technology experts and two major offices, with a third one planned for opening in 2025.

About Indika Energy

PT Indika Energy Tbk. (Indika Energy) is a leading diversified investment company in Indonesia. Indika Energy's portfolio consists of various businesses with strong growth opportunities, including Energy – coal production (PT Kideco Jaya Agung), coal trading (Indika Capital Investment Pte. Ltd.), oil and gas EPC (PT Tripatra Multi Energi, PT Tripatra Engineers & Constructors, PT Tripatra Engineering); Logistics and Infrastructure – port & logistics (PT Interport Mandiri Utama), fuel storage (PT Kariangau Gapura Terminal Energi), coal-fired power plants (PT Cirebon Electric Power and PT Prasarana Energi Cirebon); Minerals – gold mining (PT Masmindo Dwi Area), bauxite mining (PT Mekko Metal Mining), nickel trading (PT Rockgeo Energi Nusantara); Green Business – nature-based solutions (PT Indika Multi Properti - Indika Nature), renewable energy (PT Empat Mitra Indika Tenaga Surya), electric vehicles (PT Ilectra Motor Group, PT Mitra Motor Group, PT Kalista Nusa Armada), electric vehicle batteries (PT Industri Baterai Nusantara); Digital – IT solutions (PT Xapiens Teknologi Indonesia); Others – healthcare industry (PT Bioneer Indika Group, PT Genomik Solidaritas Indonesia).

www.indikaenergy.co.id

About FPT 

FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam and operates in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. Committed to elevating Vietnam’s position on the global tech map and delivering world-class solutions for global enterprises, the Corporation focuses on five strategic areas: Artificial Intelligence, Automotive, Semiconductor, Digital Transformation, and Green Transformation. In 2024, FPT reported a total revenue of USD 2.47 billion and a workforce of over 54,000 employees across its core businesses. For more information about FPT's global IT services, please visit https://fptsoftware.com/.