Indonesia Committed to Strengthening Strategic Partnership with Australia
Jakarta (ANTARA) - The Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM), Todotua Pasaribu, has emphasised Indonesia’s commitment to continuously strengthening its strategic partnership with Australia through increased high-quality investment.
“Both countries possess complementary economies, supported by the increasingly mature IA-CEPA (Indonesia-Australia Comprehensive Economic Partnership Agreement) framework,” stated Deputy Minister Todotua in a statement in Jakarta on Thursday.
According to him, Indonesia and Australia are at an ideal momentum due to their mutually reinforcing economic relationship. Through a series of working visits, the Ministry of Investment and Downstreaming/BKPM reaffirmed its commitment to strengthening this strategic partnership via the enhancement of quality investments.
Meetings with investors, dialogues with business actors, and participation in the Indonesia-Australia Business Summit 2026 are expected to serve as concrete steps to drive investment realisation in downstreaming, infrastructure development, food security, energy transition, and sustainable economic growth for both nations.
“We invite Australian investors to be part of Indonesia’s new chapter of economic growth through investments oriented towards downstreaming, infrastructure, food security, energy transition, and the green economy,” he said while serving as a keynote speaker at the Indonesia-Australia Business Summit (IABS) for Indonesia Updates 2026 in Sydney, Australia, on Tuesday (30/06/2026).
Furthermore, Deputy Minister Todotua held a one-on-one meeting with Pure Battery Technologies (PBT), an Australian battery material processing technology company represented by Chairman Stephen Wilmot. During the meeting, PBT presented plans to invest in the construction of a precursor Cathode Active Material (pCAM) facility in Indonesia as part of the strengthening of the national battery industry ecosystem.
The meeting also discussed collaboration opportunities, investment site readiness, and steps to accelerate project realisation. “Indonesia already possesses High Pressure Acid Leach (HPAL) facilities and will soon have battery cell manufacturing. The remaining links in the chain are pCAM and cathodes. This is where investments such as Pure Battery Technologies become crucial to completing a fully integrated battery ecosystem,” he noted.
Beyond the battery industry sector, Deputy Minister Todotua also met with BCI Minerals to discuss investment opportunities in the development of industrial salt downstreaming. The discussion focused on the potential to meet national industrial raw material needs while encouraging value addition through the domestic processing of non-metallic minerals.
Todotua also emphasised the importance of strengthening regional logistics connectivity by optimising the Indonesian Archipelagic Sea Lanes (ALKI) II as a strategic route connecting the Pacific and Indian Oceans. According to him, ALKI II is a strategic shipping lane connecting the Pacific and Indian Oceans via the Lombok and Makassar Straits. In 2024, this corridor saw trade in iron ore valued at 138 billion Australian dollars, coal at 91 billion Australian dollars, and LNG at 69 billion Australian dollars.
“This potential presents a massive opportunity for Indonesia and Australia to strengthen supply chains, logistics, and regional investment,” he added.