Support Downstream Oil And Gas Down, Pupuk Kaltim Ready To Contribute Through Roadmap Preparation

Photo: Doc. Antara/PKT

BONTANG - PT Pupuk Kalimantan Timur (Pupuk Kaltim) supports the preparation of Strategic Investment Downstream in Oil and Gas Sector, as an initial step in supporting investment development in Bontang and East Kalimantan.

VP for the Development of the Pupuk Kaltim Propan Weber S said, as the largest fertilizer producer in Southeast Asia, the company continues to innovate in supporting food security through increased efficiency, reliability and factory security, so that it can operate normally in order to achieve the target of meeting domestic fertilizer needs.

In addition, he continued, Pupuk Kaltim plans a number of development steps to strengthen its core business, as well as product diversification to increase added value and enrich portfolios in the agricultural sector.

"From the development plan, it is hoped that it can have a chain impact on the Indonesian economy in terms of labor absorption, tax contributions, and being able to encourage supporting industries to grow and develop," said Propan, quoted by Antara, Monday, October 3.

He hopes that Pupuk Kaltim can contribute to the preparation of roadmaps or roadmaps for downstreaming strategic investments in the oil and gas sector so that accurate, complete and comprehensive roadmap documents are obtained, in order to support the company's future strategic development plan and investment.

Meanwhile, the Head of the Investment Ministry/BKPM Team, Andre Himawan, revealed that his party wanted to know in more detail about the development plan carried out by Pupuk Kaltim, especially those directly related to the downstream oil and gas roadmap as one of the strategic investment sectors.

"We want to sharpen data on the development of investment downstream roadmaps in Bontang and East Kalimantan, especially from the oil and gas industry sector as a reference for future implementation," he said.

According to Andre, investment in the downstream sector based on natural resources has a vital role to play in supporting strategic investment targets. One of the important natural resource sectors developed for the fulfillment of energy and raw materials for the domestic industry is oil and gas.

This potential is considered to have a major impact on Indonesia's economic growth, so that the preparation of a roadmap for downstreaming strategic investment can provide a basis for policy direction and synergy in encouraging downstream investment.

"The preparation of this roadmap is also expected to be a reference for the government and the business world in the context of downstream investment," said Andre.