Danantara CEO: 13 Indonesian Downstream Projects Phase II Reach Rp116 Trillion
Jakarta - The CEO of the Investment Management Agency Daya Anagata Nusantara, who also serves as the Minister of Investment and Downstreaming, Rosan Roeslani, stated that the groundbreaking of 13 national downstream projects in phase II, valued at Rp116 trillion, marks the initial step to accelerate value-added economic transformation within the country.
The statement was made following the inauguration of the first stone-laying for the project by President Prabowo Subianto in Cilacap, Central Java, on Wednesday (29/4).
According to Rosan, the management of state assets is now directed as a catalyst to strengthen national industrialisation, while also promoting economic independence based on natural resources.
“This is part of efforts to build value addition domestically, while strengthening the national industrial structure,” he said.
The President, on the same occasion, emphasised that downstreaming is the main foundation in improving national economic welfare.
The 13 projects whose construction has begun include the development of gasoline refineries in Dumai and Cilacap, the construction of operational fuel tanks in Palaran, Biak, and Maumere, as well as dimethyl ether (DME) production facilities in Tanjung Enim.
In addition, the projects also cover the development of nickel-based stainless steel industry in Morowali, carbon steel slab production in Cilegon, to copper and gold downstreaming in Gresik.
In the agroindustry sector, developments include the processing of palm oil into oleofood and biodiesel in Sei Mangkei, nutmeg processing into oleoresin, and integrated coconut facilities in Central Maluku.
The government assesses that these projects will strengthen the national industrial ecosystem, increase production capacity, and open new job opportunities in various regions.
This step is also expected to reduce dependence on raw material exports while increasing the contribution of the processing industry sector to the national economy.