The Indonesian government is actively promoting the downstreaming of mineral and coal commodities (minerba) as part of its strategy to boost national economic growth. This aligns with President Prabowo Subianto’s goal to achieve over 6% economic growth in the coming years. Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, emphasized that downstreaming will be a key instrument in reaching this target. "There is no other way to enhance GDP and per capita income except through breakthrough methods. Downstreaming is one of the key instruments to achieve the economic growth we seek," he said during the opening of the Mineral and Coal (Minerba) Expo at Balai Kartini, Jakarta, on Monday (25/11).
According to the Strategic Downstreaming Investment Roadmap, the government projects a total investment of USD 618 billion to be allocated across 28 commodities for downstreaming. Approximately 91% of this investment will be concentrated in the energy and mineral sectors, especially in minerba and oil and gas. “Downstreaming is an economic growth instrument. 91% of the total investment needed for 28 commodities from 2025 to 2040, which amounts to USD 618 billion, is concentrated in the Ministry of Energy and Mineral Resources,” Bahlil explained. He further stressed the importance of managing natural resources wisely, maintaining a balance between commodity supply and demand to stabilize global market prices. Bahlil also highlighted that downstreaming will have a significant impact on local economies, creating jobs and increasing regional income through high multiplier effects. He called on miners to actively engage in improving mining industry governance, urging collaboration between the government and business sector to foster a better investment climate.
