Jakarta, Oct. 8 -- President Prabowo Subianto officially launched 11 downstreaming projects representing a total investment value of US$10.2 billion within the Indonesia Weda Bay Industrial Park (IWIP) in Central Halmahera, North Maluku, on Thursday.

During a ceremony which also marks Indonesia's first export shipment of electric vehicle (EV) batteries, the President emphasized that the country's vast natural resources must be managed effectively and responsibly to ensure they directly support public welfare and economic prosperity.

He stressed that resource management remains central to the nation's industrialization drive.

"God Almighty has bestowed upon us the gift of immense and highly valuable natural wealth. However, we must mana...