Prabowo Heads to Central Halmahera to Launch Rp180 Trillion Downstreaming Programme

Presiden Prabowo Subianto has departed for Central Halmahera Regency in North Maluku Province on Thursday (8/10/2026) to launch a downstreaming programme at the Indonesia Weda Bay Industrial Park (IWIP).

State Secretary Teddy Indra Wijaya said the agenda includes the first export of electric vehicle batteries and the launch of 11 industrial projects.

“Early this morning, President Prabowo Subianto departed for Central Halmahera, North Maluku, to launch a downstreaming programme worth US$10.2 billion, or around Rp180 trillion,” Teddy said in a statement.

Teddy explained that the launch covers the commercial operation of four industrial projects and the start of construction on seven new industrial projects.

“The President will launch the first export of electric vehicle batteries, inaugurate the commercial operation of four industrial projects, and begin construction of seven new industrial projects in the IWIP area,” Teddy said.

Accompanying the President on the flight to North Maluku are the Coordinating Minister for Downstreaming and Energy Transition and Minister of Energy and Mineral Resources Bahlil Lahadalia, the Coordinating Minister for Human Development and Culture Sugiono, the State Secretary Minister Prasetyo Hadi, and the Minister of Housing and Settlement Areas Maruarar Sirait.