Video: Prabowo Accelerates 13 Downstream Projects, Indonesia's Economic Growth Could Reach 8%!

In an effort to accelerate national industrial transformation, President Prabowo Subianto has officially conducted the groundbreaking for 13 strategic downstream projects in phase II, valued at Rp 116 trillion—comprising 5 projects in the energy sector, 5 in the minerals sector, and 3 in the agriculture sector—on 29 April 2026. Chairman of House Commission XII, Bambang Patijaya, views the development of these downstream and industrialisation projects as a serious step by the government to provide added value to domestic industries. It is hoped that this policy will increase tax revenues through Non-Tax State Revenues (PNBP), create a circular economy that impacts the SME sector, job creation, and economic growth towards 8%. The House of Representatives ensures its support for the downstream projects while guaranteeing oversight until they are completed and deliver economic benefits. For more details, watch the dialogue between Serliana Salsabila and Chairman of House Commission XII, Bambang Patijaya, in Closing Bell, CNBC Indonesia (Monday, 04/05/2026).