Jakarta (ANTARA) \u2013 The Indonesian Government, through the Ministry of\nInvestment and Downstreaming\/Investment Coordinating Board (BKPM), is\nexploring investment opportunities in mineral downstreaming, textiles,\nenergy, petrochemicals and logistics with a number of Azerbaijani\ncompanies and investment institutions.<\/p>\n
The discussions took place during a series of meetings led by Deputy\nMinister of Investment and Downstreaming\/Deputy Head of BKPM Todotua\nPasaribu in Baku, Azerbaijan, from 26 to 28 October 2026.<\/p>\n
\u201cIndonesia wants to build investment partnerships that not only\nexpand business opportunities but also strengthen national industrial\ncapacity. We are open to working with international partners who can\nsupport industrial development from upstream to downstream, increase\ndomestic added value and create sustainable economic opportunities,\u201d\nDeputy Minister Todotua said in an official statement received in\nJakarta on Thursday.<\/p>\n
The meetings involved several companies and institutions: AzerGold,\nthe Azerbaijan Textile Association (ATA), AZCON Holding, EGA Holding,\nthe State Oil Company of the Republic of Azerbaijan (SOCAR), the State\nOil Fund of the Republic of Azerbaijan (SOFAZ) and Azerbaijan Investment\nHolding (AIH).<\/p>\n
At a meeting with AzerGold, discussions on mineral downstreaming\nfocused on potential partnerships to develop mineral processing,\nparticularly iron and steel, as well as other strategic mineral\ncommodities.<\/p>\n
The proposed cooperation is intended to increase the added value of\nmineral resources and strengthen industrial supply chains through\ninvestment opportunities and partnerships with Indonesian\nbusinesses.<\/p>\n
Meanwhile, the meeting with the Azerbaijan Textile Association\nexplored ways to strengthen the textile industry\u2019s supply chain,\nincluding cooperation on supplies of cotton and yarn, and investment in\nspinning and textile processing.<\/p>\n
In infrastructure and logistics, talks with AZCON Holding covered\ninvestment opportunities in port development, multimodal transport,\nshipyards and integrated logistics systems.<\/p>\n
Indonesia also presented opportunities to develop port infrastructure\nand connectivity with industrial zones to improve distribution\nefficiency and the competitiveness of national industry.<\/p>\n
In the energy and petrochemicals sector, the meeting with SOCAR\naddressed potential investment cooperation in petrochemicals,\nstrengthening supplies of energy feedstocks and products, and developing\nenergy storage and distribution facilities in Indonesia.<\/p>\n
At a separate meeting with EGA Holding, the two sides discussed\nopportunities for trade, investment and business partnerships.<\/p>\n
The meeting also provided an opportunity to exchange information on\npotential cooperation between businesses and the role of government in\nfacilitating follow-up to opportunities that both countries could\npursue.<\/p>\n
During the visit, Deputy Minister Todotua and Danantara\u2019s Managing\nDirector for Investment also met with Azerbaijan\u2019s two government-owned\nsovereign wealth funds, SOFAZ and AIH, to discuss investment cooperation\nbetween Indonesia and Azerbaijan.<\/p>\n
The meeting with SOFAZ covered opportunities to strengthen investment\ncooperation through co-investment, infrastructure development, energy,\npetrochemicals and the optimisation of strategic assets.<\/p>\n
The two sides explored investment opportunities in energy storage and\nprocessing facilities, the petrochemical industry and the strengthening\nof textile supply chains.<\/p>\n
Meanwhile, talks with AIH focused on reinforcing the\nIndonesia-Azerbaijan strategic partnership through joint investment by\nAIH and Danantara.<\/p>\n
Cooperation is being explored across priority sectors including\ntextiles, minerals and steel, aluminium, energy and petrochemicals,\nlogistics, and agriculture and plantations.<\/p>\n
AIH said it was open to evaluating Indonesian investment proposals\nbased on industrial synergies and commercial viability. Planned\nfollow-up includes mapping priority projects and exploring partnerships\nwith relevant companies.<\/p>\n
\u201cThe various opportunities discussed will be followed up through\ncloser communication, information exchange and the identification of\npotential projects and business partners. The Ministry of Investment and\nDownstreaming\/BKPM is ready to facilitate the exploratory process so\nthat these opportunities for cooperation can develop into concrete and\nmutually beneficial investments,\u201d Deputy Minister Todotua said.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/indonesia-explores-investment-in-downstream-processing-and-logistics-with-azerbaijan-1793281907", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }