Prabowo Visits North Maluku to Launch Rp180 Trillion Downstreaming Programme

Indonesian President Prabowo Subianto has departed for Central Halmahera Regency, North Maluku, to launch a downstream industrial programme at the Indonesia Weda Bay Industrial Park (IWIP).

Cabinet Secretary Teddy Indra Wijaya stated that the agenda includes the first export of electric vehicle batteries as well as the launch of 11 industrial projects.

“Very early this morning, President Prabowo Subiando departed for Central Halmahera, North Maluku, to launch a downstream programme worth US$10.2 billion, or approximately Rp180 trillion,” Teddy said in a statement on Thursday (8/10).

Teddy noted that Prabowo will also launch the inaugural export of electric vehicle batteries.

Furthermore, Teddy mentioned that the launch includes the commercial operation of four industrial projects and the commencement of construction for 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 the construction of seven new industrial projects within the IWIP area,” he said.

Accompanying Prabowo on the flight to North Maluku were the Coordinating Minister for Downstreaming and Energy Transition, who also serves as the Minister of Energy and Mineral Resources, Bahlil Lahadalia; the Coordinating Minister for Human Development and Culture, Sugiono; the Minister of State Secretary, Prasetyo Hadi; and the Minister of Housing and Residential Areas, Maruarar Sirait.