Greenbelt Resources and Jababeka Infrastruktur Break Ground on Waste-to-Resources Project

JababECO to establish municipal waste-to-bioproducts model for Indonesia

JAKARTA, Indonesia and PASO ROBLES, Calif., May 2, 2017 – JababECO, the first U.S.-Indonesia municipal waste-to-bioproducts project of its kind, has broken ground. A ribbon cutting ceremony, hosted by Greenbelt Resources Corporation (OTC: GRCO) and PT Jababeka Tbk, through its wholly owned subsidiary PT Jababeka Infrastruktur, took place on April 27, 2017. To mark the project launch, several key officials including Vice Governor of West Java Deddy “Demiz” Mizwar; Greenbelt Indonesia Founder Charles Saerang; Greenbelt Resources CEO Darren Eng; and Jababeka Infrastruktur Director Tjahjadi Rahardja shoveled dirt. The venture features Greenbelt’s ECOsystem technology and will process municipal food waste into multiple products including bioethanol, animal feed, fertilizer and distilled water.

The groundbreaking represented one of the most significant events held during Jababeka Ecoweek 2017 and closed out the week’s focus on environmental issues and programs. According to Rahardja, Jababeka Infrastruktur has a commitment to sustainability and conservation. “We are the leader in adopting and deploying the latest eco-technologies, and these are the foundation for our cities of the future,” says Rahardja. “We envision these cities showcasing the new model of municipal waste management – JababECO.”

Eng notes that Jababeka is an ideal project partner with which to launch this adaptive technology. “As a private company, Jababeka operates in a manner similar to a government agency but without the ‘red’ tape, so to speak,” he explains. “That allows more flexibility and control to implement this sentinel project featuring our ECOsystem technology. We are confident JababECO will become the model of waste management in both urban and rural environments across south east Asia.” Eng adds that the project will establish the best practices for growing Greenbelt’s business with Jababeka.

Also attending the event were Hilman Nugroho, Director General of Watershed Control and Protection Forest Ministry of Environment and Forestry of the Republic of Indonesia; Sulistyowati, Director of Land Damage Ministry of Environment and Forestry of the Republic of Indonesia; Erna Rosdiana, Director of Environmental Partnership Ministry of Environment and Forestry of the Republic of Indonesia; Anang Sudarna, Head of West Java BPLHD Office.

Last week Greenbelt Resources participated in a celebration ceremony, that included Vice President Mike Pence, to showcase more than USD $10.0 billion dollars in trade deals between the U.S. and Indonesia. For this project, JababECO, the ECOsystem technology, is alone valued at USD $4.5 million (IDR 59.8 billion) with an additional product sales value of another USD $6.0 million (IDR 79.7 billion) cumulatively over the next five years.

**Photos available upon request. Contact Joanna Schroeder at jms@4RCommunications.com with photo and/or interview requests.

About Greenbelt Resources

Greenbelt Resources Corporation™ is an award-winning provider of sustainable energy production systems focused on delivering modular solutions that enable the localized processing of locally generated waste into locally consumed products. The Company designs, develops and implements technology that makes the production of advanced biofuel reliable, practical and efficient. Controlled by proprietary automated controls, the Company’s small-scale, end-to-end modular systems convert food, beverage and other cellulosic wastes into commercially viable advanced biofuels (bioethanol), animal feed, fertilizer and filtered water. For more information visit: www.greenbeltresources.com.

About PT Jababeka Tbk

Jababeka is a leading fully integrated industry-based township developer in Indonesia with a core business of developing industry-based real estate, supported and enhanced by infrastructure and township management services. Jababeka’s business model is to develop industrial real estate sites in a manner that builds critical mass and allows the Company to offer and enhance complementary commercial and residential developments as well as infrastructure and estate management services; thereby creating an industry-based township. Jababeka’s flagship development is Kota Jababeka, a mature, independent city in Cikarang, 35 km east of Jakarta, which covers about 5,600 hectares of industrial, residential and commercial areas, supported by top notch infrastructure, which include clean water provision, waste water treatment, power supply, dry port and logistics services. This model we are looking to duplicate in other parts of Indonesia. For more information visit www.jababeka.com.