The government through the Ministry of Investment and Downstream/Investment Coordinating Board (BKPM) continues to take strategic steps to attract foreign investment to Indonesia. One of these efforts was realized through the working visit of the Deputy Minister of Investment and Downstream/Deputy Head of BKPM, Todotua Pasaribu, to Australia on March 19-20th, 2025. During this visit, Todotua held a series of important meetings with Australian government officials, investors, and business leaders. He was also the main speaker at the Australia-Indonesia Business Forum (AIBF) which was attended by 40 Australian companies from various sectors and opened the Indonesia Investment Roundtable and Networking. This working visit was carried out in collaboration with the Indonesian Chamber of Commerce and Industry (KADIN).
On that occasion, the Deputy Minister of Investment and Downstream explained various investment and cooperation opportunities between the two countries, especially in the downstream sector which has an investment potential of up to USD 618 billion. According to him, under President Prabowo's leadership, Indonesia has set an ambitious target in attracting quality investment. We invite Australian investors to take advantage of this opportunity, especially in the nickel and bauxite downstream sectors, renewable energy development, and digital infrastructure," he explained. Australian Minister of Trade and Tourism Don Farrell welcomed the various investment opportunities offered by Indonesia. "Indonesia is an important partner for Australia, and Australia can invest in Indonesia because we have the best technology in food production," he explained. Farrell also assessed that economic cooperation between Australia and Indonesia could further develop, especially related to the plan to develop the Indonesian Capital City (IKN). "Australia has expertise in city development, so the opportunities for cooperation in developing the new capital city are wide open," he added.
