Indonesian Political, Business & Finance News

President launches 11 downstreaming ecosystems worth US$10.2 billion

| Source: ANTARA_ID Translated from Indonesian | Investment
President launches 11 downstreaming ecosystems worth US$10.2 billion
Image: ANTARA_ID

President Prabowo Subianto delivered his welcoming remarks before launching several downstreaming programmes at the Weda Bay industrial estate, Lelilef Village, Central Weda, Central Halmahera, North Maluku, on Thursday (8 October 2026). The President launched 11 downstreaming ecosystems worth US$10.2 billion, or around Rp180 trillion, and also marked the first export of electric vehicle batteries.

An officer explains the nickel materials on display during the launch of the downstreaming programme by President Prabowo Subianto at the Weda Bay industrial estate, Lelilef Village, Central Weda, Central Halmahera, North Maluku, on Thursday (8 October 2026). The event also marked the launch of 11 downstreaming ecosystems worth US$10.2 billion, or around Rp180 trillion, as well as the first export of electric vehicle batteries.

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