NewzMinister of Downstreaming and Energy Transition Bahlil Lahadalia has announced a national target to achieve 618 billion US dollars in value from Indonesia's downstreaming sector by 2040. The initiative aims to leverage the nation's natural resources to drive economic growth and industrial transformation over the next two decades.
This target represents a significant component of the government's long-term economic strategy, focusing on the transition toward higher-value processing of raw commodities. The policy is intended to shift Indonesia's industrial landscape by increasing domestic value-added production and supporting the broader energy transition goals set for the coming years.
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