Cilacap, C. Java, April 29 -- CEO of Danantara Investment Management Agency Rosan Roeslani stated that the second phase of downstreaming, covering 13 projects, aims to strengthen energy security and create up to 600,000 jobs.

He detailed that these projects cover the energy and mineral sectors, including the construction of a coal processing facility to produce dimethyl ether (DME) as a substitute for LPG imports.

"Around 80 percent of our LPG needs still come from imports. With this project, we want to reduce this dependence," he said at the groundbreaking of the second phase of downstreaming projects in Cilacap, Central Java, on Wednesday.

The second phase is a continuation of the first phase, which encompassed 11 locations, with the...