Jokowi's Project Will Become A Motorbike For 8 Percent Economic Growth

Minister of Energy and Mineral Resources Bahlil Lahadalia (Photo: Doc. VOI)

JAKARTA - Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia ensured that downstreaming became the main motor for national economic growth. He emphasized the importance of downstreaming in creating added value as well as creating jobs for the community.

"What must be done is downstreaming, and downstreaming must be carried out. When I served at the Ministry of Investment, I prepared a downstream roadmap as a engine for our economic growth," Bahlil said in a statement to the media, Friday, October 25.

Furthermore, Bahlil emphasized that downstreaming has become a priority for the government to increase economic growth through processing natural resources in the country.

Downstream aims to increase the added value of various products, both from the mining sector such as minerals and coal, as well as other sectors such as agriculture, plantations, and fisheries. With domestic processing, commodity value can increase significantly.

Not only in the mining sector, downstreaming also has a positive impact on the non-mining sector. For example, downstream oil palm carried out by the Ministry of Industry, produces various derivative products such as oleofood complexes or food and nutrients, oleochemicals and biomaterials (chemicals and cleaners), as well as vegetable fuels based on palm oil such as biodiesel, greendiesel, greenfuel, and biomass. These products increase added value four times.

Just so you know, the downstream policy of commodities, especially minerals and coal, has been emphasized as an unavoidable step by the government. The President of the Republic of Indonesia, Prabowo Subianto, stated this in his speech after being inaugurated as President of the Republic of Indonesia at the MPR Plenary Session at the Nusantara Building, Senayan, Jakarta, Sunday, October 20. Downstream is expected to provide great benefits through increasing the added value of all commodities owned by Indonesia.

"Hilirization will be carried out for all the commodities we have. The added value of all these commodities must increase our economic strength so that our people can reach a prosperous level of life. All of our commodities must be enjoyed by all Indonesian people," said Prabowo.