{
    "success": true,
    "data": {
        "id": 2036144,
        "msgid": "indonesia-promotes-downstreaming-to-boost-high-value-manufacturing-1791906615",
        "date": "2026-10-13 21:05:26",
        "title": "Indonesia promotes downstreaming to boost high-value manufacturing",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Economy",
        "summary": "Indonesia is promoting downstream industrialisation to reduce reliance on raw-material exports, strengthen global competitiveness and create skilled jobs. Deputy Finance Minister Juda Agung cited battery development in Weda Bay and BYD\u2019s electric-vehicle plant in Subang as signs of progress, while stressing the need for stronger technology, innovation and human-capital capabilities to reach high-income status.",
        "content": "<p>Indonesia Pushes Downstreaming to Boost High-Value Manufacturing<\/p>\n<ul>\n<li><p>13 Okt 2026 20:56 WIB<\/p><\/li>\n<li><p>Voice of Indonesia<\/p><\/li>\n<\/ul>\n<p>Key Points<\/p>\n<ul>\n<li><p>Indonesia targets high-value manufacturing to reduce dependence\non raw material exports and boost global competitiveness.<\/p><\/li>\n<li><p>Battery and EV investments signal industrial progress, but\ntechnology and skilled talent remain crucial for high-income\nstatus.<\/p><\/li>\n<\/ul>\n<p>RRI.CO.ID, Jakarta \u2013 The Indonesian government is promoting\ndownstream industrialization toward high-value-added manufacturing to\nstrengthen the competitiveness of the national industry. This strategy\naims to increase economic complexity, expand access to global markets,\nand create high-skilled jobs.<\/p>\n<p>Deputy Minister of Finance, Juda Agung, stated that Indonesia needs\nto reduce its reliance on natural resource-based economic activities and\nstrengthen its technological and innovation capabilities.<\/p>\n<p>\u201cFrom simply producing goods to designing and developing\nhigh-value-added products. From merely being a market for global\nproducts to becoming an integral part of the global value chain,\u201d Juda\nsaid at the Prasasti Indonesia Policy Forum 2026 in Jakarta on Tuesday,\nOctober 13, 2026, as quoted by Antara.<\/p>\n<p>According to him, Indonesia needs to develop more advanced raw\nmaterials and expand manufacturing production. This would allow the\ncountry to secure greater economic value within the global industrial\nchain.<\/p>\n<p>Juda cited the development of the battery industry in Weda Bay and\nthe construction of the BYD electric vehicle plant in Subang as examples\nof progress in the national manufacturing base. \u201cThese two examples\ndemonstrate the growing strength of Indonesia\u2019s industrial base, which\nis rooted in natural resources,\u201d he said.<\/p>\n<p>Increasing economic complexity is one of the prerequisites for\nIndonesia to achieve high-income country status. This indicator reflects\nmastery of knowledge, technology, and skills in national industry\nproducts.<\/p>\n<p>The government is prioritizing improvements in human capital,\ndigitalization, innovation, and food and energy security to support\nindustrial transformation. In this regard, fiscal policy through the\nState Budget plays a role in building the foundation for productivity,\nsupported by Danantara Indonesia, which is expected to drive strategic\ninvestment. ***<\/p>\n<p>News Recomendation<\/p>\n<p>Loading latest news\u2026..<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesia-promotes-downstreaming-to-boost-high-value-manufacturing-1791906615",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}