"Indonesia's downstreaming strategy has effectively integrated us into the global supply chain," declared Kadin Chairman Anindya Bakrie during a World Economic Forum (WEF) panel discussion in Davos on Tuesday.
Beyond critical minerals, Indonesia's downstreaming efforts encompass other sectors, notably food production, aligning perfectly with the government's food self-sufficiency initiative.
In the mineral sector, downstreaming has dramatically increased value. For instance, nickel processing now yields ten times the value it once did.
"Our nickel exports, once valued at 3 billion US dollars, have surged to a remarkable 33 billion US dollars," he emphasized.
Anindya further highlighted that downstreaming in the food sector directly supports the government's program to enhance nutritional outcomes for children, pregnant women, toddlers, and breastfeeding mothers through free meal initiatives.
Investment and Downstreaming Minister Rosan Roeslani affirmed Indonesia's commitment to sustainable investment by actively participating in this year's WEF.
"Our presence here underscores Indonesia's dedication to collaborative global discourse, acknowledging the shared challenges we face. For global investors, Indonesia presents an ideal investment destination, built upon a foundation of sustainability and leveraging artificial intelligence across various industries," he stated.
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Translator: Ahmad Muzdaffar Fauzan, Yashinta Difa
Editor: Aditya Eko Sigit Wicaksono
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