President inaugurates 13 phase II downstreaming projects

President Prabowo Subianto, accompanied by Coordinating Minister for the Economy Airlangga Hartarto (left), Minister of Investment and Downstreaming and Danantara Chairman Rosan Perkasa Roeslani (second from left), Minister of Energy and Mineral Resources Bahlil Lahadalia (second from right), and Pertamina President Director Simon Aloysius Mantiri (right), pressed the button to inaugurate the groundbreaking of 13 phase II downstreaming projects centred at Pertamina’s RU IV Cilacap refinery in Central Java on Wednesday (29/4/2026). The projects, valued at around Rp119 trillion, consist of five in the energy sector, five in the mineral sector, and three agricultural projects, undertaken to reinforce the foundations built by the first through seventh presidents. President Prabowo Subianto delivered a speech at the groundbreaking ceremony for the 13 phase II downstreaming projects held at Pertamina’s RU IV Cilacap refinery in Central Java on Wednesday (29/4/2026). The projects, valued at around Rp119 trillion, consist of five in the energy sector, five in the mineral sector, and three agricultural projects, undertaken to reinforce the foundations built by the first through seventh presidents.