Investment Ministry: Investment and Downstreaming Successfully Absorb 3 Million Workers

Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM, Todotua Pasaribu, confirmed the government’s efforts to expand investment and downstreaming into the mineral and coal, oil and gas, fisheries and marine, as well as agriculture and plantation sectors, including new and renewable energy. The Ministry of Investment/BKPM views non-mining sectors as a source of sustainable economic growth for Indonesia, including agriculture and maritime. One of the non-mining downstream products being promoted is palm oil, which is developed into diesel, alongside the development of bioethanol from the downstreaming of corn, cassava, sugar palm, and sugarcane products. The increase in investment and downstreaming is not only aimed at boosting industry but also at creating jobs and driving the economy, particularly in the non-mineral sector. Throughout 2025, investment and downstreaming have managed to absorb between 2.5 million and 3 million workers while simultaneously improving the skills of the domestic workforce. Furthermore, BKPM is encouraging investment and downstreaming in the green energy sector through strategies to overcome the challenge of high investment costs. To attract investment in the New and Renewable Energy sector, regulatory strengthening, licensing simplification, market development, and fiscal incentives are required.