Jakarta, June 25 -- Coordinating Minister for Economic Affairs Airlangga Hartarto revealed that the government's mineral and coal downstreaming program in industrial estates and special economic zones (SEZs) has significantly improved investment efficiency.

The optimization is reflected in the Incremental Capital Output Ratio (ICOR) value within these downstream hubs, which has dropped to approximately 3, significantly lower than the national ICOR average of 6.

"We are seeing that mineral and coal downstreaming, which is concentrated within Industrial Areas and Special Economic Zones (SEZs), is driving robust economic growth," Airlangga said in a statement on Thursday.

"An ICOR value of 3 in these zones is relatively good compared to t...