Jakarta \u2014 Downstream processing remains the Indonesian Government\u2019s\nkey strategy for attracting investment. According to Deputy Minister of\nInvestment and Downstream Processing\/Deputy Head of BKPM, Todotua\nPasaribu, there are 28 strategic commodities being prioritised under the\ndownstream processing programme. These commodities span the minerals,\ncoal, oil and gas, forestry, fisheries and other clusters.<\/p>\n
Todotua stated that the investment potential for these commodities\nreaches US$618 billion, equivalent to Rp10,382 trillion. \u201cWe already\nhave a target figure of US$618 billion for investment realisation in the\ndownstream processing sector, backed by those 28 commodities. The 28\ncommodities fall within the minerals cluster, coal, oil and gas,\nforestry cluster, fisheries cluster, and several other clusters\nincluding tourism, IT, technology and telecommunications,\u201d he said\nduring the detikcom Indonesia Investment Talk Series on Monday\n(28\/4\/2025).<\/p>\n
Although 28 commodities have been prioritised, Todotua noted that\nother commodities are not being neglected. The reason only 28 have been\nprioritised is due to the substantial reserves available for\ndevelopment. \u201cIt\u2019s not that we\u2019re not prioritising other commodities.\nBut there are 28 strategic commodities that we are prioritising. Why?\nBecause these 28 commodities are ones where we see large resource\nreserves. So this is indeed necessary, because we also need to focus on\nmanaging downstream processing,\u201d he explained.<\/p>\n
The investment breakdown comprises US$498.4 billion for minerals and\ncoal, covering commodities such as coal, nickel, tin, copper, iron and\nsteel, bauxite, manganese and others. Investment in the oil and gas\nsector amounts to US$68.3 billion, followed by the plantations,\nmaritime, fisheries and forestry sector at US$51.3 billion.<\/p>\n
The investment is also projected to create 3 million jobs.<\/p>\n
The Government is clearly serious about pursuing downstream\nprocessing projects to generate added value for the nation. This\ncommitment is evident from the change in nomenclature of the Ministry of\nInvestment, which has now become the Ministry of Investment and\nDownstream Processing\/BKPM. \u201cPreviously, our ministry was simply the\nMinistry of Investment and the Investment Coordinating Board. But under\nthis administration, our ministry is now called the Ministry of\nInvestment and Downstream Processing and the Investment Coordinating\nBoard. What does that mean? It means there is a clear message from the\ngovernment that we intend to enter the downstream processing sector\nourselves,\u201d he concluded.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/government-prioritises-28-strategic-commodities-for-downstream-processing-with-us-618-billion-investment-1771235268", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }