Indonesia's downstreaming target set at US$618 billion by 2040
Banten, Oct. 14 -- Indonesia aims to generate US$618 billion in downstream industry value by 2040 by expanding processing industries across its natural resource sectors, Coordinating Minister for Downstreaming and Energy Transition Bahlil Lahadalia said.
He described downstreaming as a key strategy to accelerate economic growth and increase the added value of Indonesia's natural resources.
"Our target for Indonesia's future downstreaming master plan by 2040 is to reach US$618 billion across all sectors," he said at the opening of the 2026 Trade Expo Indonesia at ICE BSD, Tangerang, Banten, on Wednesday.
The strategy covers minerals and coal, oil and gas, forestry, fisheries, and agriculture, he said.
The roadmap aims to boost growth b...
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