The Downstreaming Task Force Will Soon Be Formed, Bahlil Becomes Chair

JAKARTA - Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia said President Prabowo Subianto decided to form a downstream task force (task force).

This task force, he said, would be led by him as Minister of Energy and Mineral Resources.

"Cidentally yesterday at the meeting, the president decided to form a task force and coincidentally the one appointed as the Head of the Task Force was the Minister of Energy and Mineral Resources," Bahlil said at the Indonesia Mining Summit, Wednesday, December 4.

Bahlil said that the government is actually working on various regulations that make the investment climate more exciting, one of which is by forming a downstream task force.

"Evidence is important to create added value, economic growth and job creation. There is no other way, is downstream," he added.

Furthermore, he said, previously the government had formed a roadmap with a master plan attached to investment plans in 28 commodities in Indonesia.

The total investment that Indonesia is expected to get is US$615 billion, which comes from various sectors such as fisheries, mining, agriculture, minerals, coal and gas.

"Only 91 percent are in ESDM, so a downstream task force is made so that the permit can be disbursed quickly," said Bahlil.