Indonesian Government Accelerates Industrial Hilirization with US$ 40 Billion Investment
The Indonesian government is increasingly aggressive in accelerating industrial downstreaming as an effort to strengthen national energy security, create new jobs, and drive sustainable economic growth. In a meeting chaired by President Prabowo Subianto at Merdeka Palace, Jakarta, on March 3, 2025, it was agreed that 21 first phase downstream projects would be realized immediately. […]