Tuesday, 11 February 2025 11:16

Downstream Industry Contribution to Indonesia’s Economy Could Exceed 30% by 2030

Indonesia’s downstream industry is set to play a crucial role in economic growth, with its contribution expected to exceed 30% by 2030. According to Rosan Roeslani, Minister of Investment and Downstreaming and Head of the Investment Coordinating Board (BKPM), the sector has already contributed 28.8% in 2024, and he is confident that this figure will continue to rise with strong collaboration from various stakeholders. The government has identified 28 key commodities for downstream development, spanning eight major sectors: minerals, coal, petroleum, natural gas, plantations, forestry, fisheries, and marine resources. Among these, six commodities will be prioritized due to Indonesia’s vast natural reserves, making it one of the world’s top producers.


Rosan emphasized that Indonesia’s abundant natural resources provide significant potential for value-added industries through downstream processing. He highlighted that Indonesia ranks first globally in nickel, palm oil, coconut, biofuel, and certain fishery products, among other commodities. With a strategic focus on industrial downstreaming, Indonesia aims to maximize its resource potential, attract investment, and enhance global competitiveness. These efforts are expected to boost economic growth and create more value-added industries, strengthening Indonesia’s position in the global market.

Source:
https://www.cnbcindonesia.com/news/20250210143130-4-609449/kontribusi-hilirisasi-ke-ekonomi-ri-bisa-naik-di-atas-30-pada-2030

 

 

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