Jakarta, June 20 -- Indonesian investment holding Danantara is pursuing a strategic partnership with Russia to develop a clean energy shipyard facility in Indonesia.

The cooperation will involve several Indonesian state-owned maritime enterprises, including PT PAL Indonesia and other state-owned companies in the shipbuilding sector, Danantara CEO Rosan Roeslani said at the Taleon Hotel's lobby in St. Petersburg, Russia, on Friday.

He emphasized that the partnership will be conducted jointly, not individually, and it will involve four companies, including PT PAL.

The goal of the collaboration is not only to build environmentally friendly vessels but also revitalize the financial condition of Indonesia's national maritime state-owned ent...