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Indonesia Focuses on Developing Downstream Industries of 21 Commodities

Economics editor Wahyu Dwi Anggoro
13/02/2023 16:33 WIB
The Ministry of Investment has ensured that the government focuses on developing downstream industries of a number of commodities.
Indonesia Focuses on Developing Downstream Industries of 21 Commodities. (Foto: MNC Media)
Indonesia Focuses on Developing Downstream Industries of 21 Commodities. (Foto: MNC Media)

IDXChannel - The Ministry of Investment/the Investment Coordinating Board has ensured that the government focuses on developing downstream industries of a number of commodities.

In his presentation in front of lawmakers recently, Minister of Investment Bahlil Lahadalia ensured that, until 2040, Indonesia would focus on developing downstream industries of 21 commodities in eight priority sectors where the investment potentials reach USD545.5 billion.

The eight priority sectors include minerals, coal, oil, natural gas, plantations, fisheries and others.

Bahlil believes that with the policy, Indonesia will be able to become a developed country with an increase in per capita income from USD4500 to USD10. 000.

“This is an investment roadmap for downstreaming. Mineral, coal, oil, natural gas, plantations, fisheries, marine products. There will be 21 sectors,” he stated.

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