Aslan Energy Capital, headquartered in Singapore, announced on November 24, 2025, the signing of a Heads of Agreement with the Government of Karimun Regency, Riau Islands, Indonesia, to establish MU CITY, a comprehensive clean energy and innovation ecosystem. The project represents an estimated USD 2.3 billion investment over the next three years, making it the largest single investment in Karimun to date.

The agreement marks a pivotal step in creating what the company describes as a “City of Dynamic Innovation in Energy, Mobility, and Urbanization,” designed to accelerate Southeast Asia's transition toward a low-carbon, digital, and inclusive future. Karimun Regency is strategically located at the crossroads of Singapore, Malaysia, and Indonesia.

Massive Clean Energy Infrastructure

MU CITY will span 4,000 hectares and be powered by up to 2 gigawatts of solar power and an additional 2 GW of gas-based power, positioning it as one of Southeast Asia's largest integrated sustainable energy ecosystems. A major portion of this capacity will power local industrial zones, data campuses, and mobility manufacturing clusters within MU CITY, while the remainder will be allocated for clean energy exports to ASEAN nations.

The development will integrate three complementary zones. The Clean Energy Hub will be anchored by large-scale solar power plants, advanced battery energy storage systems, LNG import facilities, CCGTs, and blue ammonia tank complexes to support domestic decarbonization and regional export markets. This hub will serve as MU CITY's energy backbone.

Manufacturing and Digital Innovation Centers

The Mobility & Manufacturing Hub will be dedicated to clean transportation innovation through electric vehicle assembly, battery manufacturing, AI chip ecosystems, and green industrial production aligned with Indonesia's vision for electric mobility and advanced manufacturing. This component directly supports the country's national roadmap for renewable energy and digital transformation.

The AI & Digital Infrastructure Hub will power up to 1.21 GW of hyperscale data center capacity, purpose-built for artificial intelligence, cloud computing, and high-performance digital workloads. All data center operations will be powered by renewable energy generated within MU CITY itself.

Community Partnership Model

Aslan Energy Capital is implementing what it describes as a cooperative and inclusive development model in collaboration with the Karimun Regency Government. Over 10,000 residents will actively participate and benefit from the project's growth through opportunities for profit-sharing, equity participation, education programs, and technical training, ensuring that communities are stakeholders in the development.

Dr. Muthu Chezhian, CEO of Aslan Energy Capital, explained the project's name and vision: “MU stands for Mobility and Utility, and the Greek symbol μ reflects precision, high-performance computation, and technological innovation. MU CITY is a living example of how clean energy, digital innovation, and inclusive prosperity can thrive together. By empowering local communities to participate directly, we are proving that sustainability can be both profitable and people-centered.”

The Regent of Karimun, Ing. H. Iskandarsyah, expressed the local government's commitment to the partnership: “Karimun proudly welcomes this partnership with Aslan Energy Capital as a meaningful step toward building a stronger, more sustainable local economy. We are confident that MU CITY will bring long-term benefits, and the development of MU CITY not only brings clean technology and energy, but also opens up opportunities for employment, education, and ownership for the people of Karimun. We are committed to making this project a symbol of sustainable and inclusive progress.”

Company Background

Aslan Energy Capital is based in Singapore and operates as a global developer of clean energy and infrastructure, focusing on LNG, renewables, and digital infrastructure ecosystems. The company maintains a project portfolio across Asia, the Americas, and the Middle East, delivering what it describes as sustainable, reliable, and inclusive energy solutions that drive regional growth and support the global transition to a net-zero future.

The MU CITY project is positioned to reinforce Indonesia's role as a regional energy provider while creating a comprehensive ecosystem that harmonizes energy, technology, and mobility development. The three interconnected hubs are designed to position MU CITY as a leading force in clean innovation and digital transformation throughout Southeast Asia.

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