Indonesian Political, Business & Finance News

Prabowo Plans to Add New Flagship Projects Worth Rp239 Trillion

| Source: CNBC Translated from Indonesian | Energy
Prabowo Plans to Add New Flagship Projects Worth Rp239 Trillion
Image: CNBC

The government is seriously managing natural resources (SDA) to increase value added through accelerated downstream processing. President of the Republic of Indonesia Prabowo Subianto has given special instructions regarding this by adding 13 downstream processing projects with a total investment of up to Rp239 trillion.

The discussion on accelerating downstream processing was held through a limited meeting in Hambalang on 25 March 2026 with the Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia.

Bahlil stated that President Prabowo requested a report on the progress of the downstream processing programme in the country.

In the meeting, Bahlil revealed the addition of these 13 new downstream processing projects, which are currently in the finalisation stage. These projects are additions beyond the previously running downstream processing programmes.

“We are adding another 13 downstream processing items with a total investment of approximately Rp239 trillion, and we will discuss the finalisation,” said Bahlil after the meeting in Hambalang some time ago.

Meanwhile, in the initial stage of downstream processing, there are 20 projects, some of which have entered the groundbreaking stage, and the rest are scheduled to start construction soon.

“The first stage with 20 items, some have already broken ground, and some more will have groundbreaking next month,” he said.

Not only downstream processing, the government also discussed the development of alternative energy to support national energy resilience and self-sufficiency.

According to Bahlil, Prabowo has instructed the optimisation of all domestic energy potentials. From bioethanol and biodiesel to accelerating the transition to new renewable energy (EBT).

“The President has ordered the optimisation of all energy potentials we have, whether ethanol, biodiesel from CPO, including how we push the energy transition through new renewable energy that we can also do,” he said.

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