Jokowi : RI must boost downstream investment, take over global green market

President Joko “Jokowi” Widodo, in traditional Bangka Belitung dress, stands prior to delivering his annual State of the Nation Address before the country’s executive, legislative and judicial branches at the House of Representatives complex in Jakarta on Aug. 16. (Antara/Galih Pradipta)

Indonesia will pursue greater production in downstream industries and take over the world market in green products, President Joko “Jokowi” Widodo said on Tuesday. Jokowi noted that Indonesia’s commitment to strengthening its downstream industry had proved to be fruitful, as it allowed the country to gradually shift from selling raw materials to value-added goods. In the case of nickel, for instance, Jokowi said the downstream project had increased Indonesia’s steel export value by 18 times compared with the last seven years, to Rp 306 trillion (US$20.7 billion) last year.

https://www.thejakartapost.com/business/2022/08/16/jokowi-ri-must-boost-downstream-investment-take-over-global-green-market.html

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