{
    "success": true,
    "data": {
        "id": 1675365,
        "msgid": "house-of-representatives-downstream-strategy-crucial-for-boosting-national-economy-1776102644",
        "date": "2026-04-13 23:52:59",
        "title": "House of Representatives: Downstream Strategy Crucial for Boosting National Economy",
        "author": "",
        "source": "VIVA",
        "tags": "berita",
        "topic": "Mining",
        "summary": "Indonesia's House of Representatives has emphasised the critical role of downstream processing policies in achieving an 8% national economic growth target by 2029, highlighting its benefits in enhancing commodity value and strengthening industrial structures. The mining industry holding MIND ID reported strong 2025 performance with revenues of Rp159 trillion, exceeding targets despite global commodity price volatility, and plans to increase production of key commodities in 2026. This strategy underscores the need for integrated resource management and good governance to ensure long-term economic contributions from the mining sector amid global challenges.",
        "content": "<p>Indonesia\u2019s House of Representatives Deputy Chairman of Commission\nXII, Sugeng Suparwoto, has affirmed that downstream processing policies\nrepresent a strategic step aligned with the government\u2019s major agenda to\ndrive national economic growth to 8% by 2029. \u201cDownstream processing\npolicies are a strategic step to achieve 2029 economic growth,\u201d Sugeng\nstated during the Commission XII Hearing Meeting in Jakarta on Monday,\n13 April 2026. According to Sugeng, downstream processing not only\nincreases the added value of mining commodities but also strengthens the\nnational industrial structure through integration from upstream to\ndownstream. He assessed that consolidation and synergy among mining\nindustry entities have shown positive results in maintaining production\nand management in the sector. \u201cAmid various mining industry challenges,\nconsolidation and synergy through diversification of mining products\nhave managed to demonstrate good mining production and management,\u201d he\nsaid. The House of Representatives also stressed that mineral resource\nmanagement must be carried out in an integrated manner to provide\nlong-term economic value. Additionally, strengthening governance is\nconsidered an important factor to ensure the sustainability of the\nmining sector amid global dynamics. On the same occasion, the Mining\nIndustry Holding MIND ID reported positive performance achievements\nthroughout 2025 despite facing global commodity price volatility. The\ncompany recorded revenues of Rp159 trillion, EBITDA of Rp42 trillion,\nand net profit of Rp29 trillion, all surpassing set targets. MIND ID\u2019s\nPresident Director, Maroef Sjamsoeddin, conveyed that these achievements\nform an important foundation for facing the following year. \u201cMIND ID\nwill continue to focus on maintaining a balance between production\nperformance and sustainability principles,\u201d he said. Entering 2026, the\ncompany targets increases in production of several key commodities,\nincluding coal, bauxite, nickel ore, and tin. Nevertheless, the House of\nRepresentatives views the direction of downstream processing policies as\nthe primary factor in ensuring the mining sector\u2019s contribution to\nnational economic growth.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/house-of-representatives-downstream-strategy-crucial-for-boosting-national-economy-1776102644",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}