Jakarta, Feb. 11 -- Energy and Mineral Resources Minister Bahlil Lahadalia has invited investors and entrepreneurs to set up liquefied petroleum gas (LPG) factories in Indonesia to help lower national oil and gas imports.

Interested investors will have the option of applying for financing through state-owned bank PT Bank Mandiri and promptly entering into cooperation with state-owned energy company PT Pertamina, which has been tasked with providing and distributing LPG to the public.

"I invite all of you, ladies and gentlemen, investors who are willing, please build LPG factories. With the financing from Bank Mandiri, this is a very captive market as it is directly contracted with Pertamina," the minister said at the Mandiri Investment ...