{
    "success": true,
    "data": {
        "id": 1822265,
        "msgid": "downstreaming-potential-in-non-mining-sectors-could-spur-economic-growth-1782319865",
        "date": "2026-06-24 22:13:35",
        "title": "Downstreaming Potential in Non-Mining Sectors Could Spur Economic Growth",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Economy",
        "summary": "Indonesia's Investment Ministry highlights significant downstreaming opportunities beyond mining, particularly in agriculture and fisheries, to drive economic growth. Deputy Minister Todotua Pasaribu emphasised the need to capitalise on renewable resources like palm oil for biodiesel and crops for bioethanol as mineral reserves deplete. The government is also targeting the fisheries sector with plans to boost the shipbuilding industry and provide fishing vessels to upscale production.",
        "content": "<p>The Investment Coordinating Board (BKPM) has outlined the significant\npotential of downstreaming not only in the mining sector but also in\nnon-mining sectors such as agriculture and fisheries. This was revealed\nby Deputy Minister of Investment and Downstreaming, Todotua Pasaribu, at\nthe CNBC Indonesia Economic Update 2026.<\/p>\n<p>According to Todotua, downstreaming is an effort to gain added value\nfrom domestic commodities to drive economic growth, create jobs, and\nenhance knowledge transfer. He stressed that natural resources like\nminerals, coal, oil, and gas will eventually be depleted, making it\nnecessary to harness the potential of the plantation and forestry\nsectors.<\/p>\n<p>\u201cWe all understand that our natural resources in minerals, coal, oil,\nand gas will one day run out. However, our natural resources also have\nenormous potential in the agriculture, plantation, and forestry\nsectors,\u201d Todotua explained.<\/p>\n<p>In the agricultural sector, Indonesia has great potential from palm\noil, which can be used as a source of renewable energy. Todotua\nexplained that Indonesia is preparing to adopt the B40 concept and even\nmove towards B50, leveraging the strength of crude palm oil (CPO) and\nits utilisation.<\/p>\n<p>The government is also promoting the use of biofuel or ethanol, which\nTodotua said can be derived from sugarcane, corn, cassava, and sorghum.\nThe government is targeting the implementation of E20 fuel, or\nbioethanol, by 2028. As part of this effort, an ethanol plant will soon\nbe built in Lampung with a capacity of 240,000 kilolitres.<\/p>\n<p>\u201cWhy Lampung? Because Lampung has everything. Lampung has all the\nresources. It is the largest producer of cassava and corn, right?\u201d he\nsaid.<\/p>\n<p>Furthermore, the downstreaming agenda also includes the fisheries\nsector. The government plans to promote the shipbuilding industry to\nmaximise the potential of fish in Indonesian waters. Government support\nincludes providing 1,500 fishing vessels through the Kampung Nelayan\n(Fishermen\u2019s Village) programme.<\/p>\n<p>\u201cKampung Nelayan. These are our programmes to upscale, you know, the\npotential. We must start looking at this,\u201d Todotua asserted.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/downstreaming-potential-in-non-mining-sectors-could-spur-economic-growth-1782319865",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}