Danantara Boss: Downstream Kelapa Rampung 2025, Investment Reaches IDR 1.66 Trillion

Downstream coconut (Between)

JAKARTA - CEO of Danantara Indonesia Rosan Roeslani said the downstream project for coconut commodities worth 100 million US dollars or Rp1.66 trillion (assuming an exchange rate of Rp16,600 per dollar) has entered the construction stage. In fact, it is targeted that phase one will be completed this year.

The investment comes from a combination of Zhejiang FreeNow Food Co.Ltd, China's largest coconut derivative manufacturer with a consortium of Indonesian and Chinese companies.

Rosan said the project, the plan will consist of up to three phases. In the first stage, it is claimed to be able to absorb 5,000 workers. Meanwhile, if the third phase is completed next year, it will absorb up to 10,000 workers.

"Alhamdulillah, we can get investment in the coconut field, construction has started, indeed the investment is only 100 million dollars from the three phases. (If) these three phases are finished, next year it will be 10,000 people," said Rosan in Tangerang, Wednesday, November 26.

The Minister of Investment/Head of BKPM said downstreaming is an important part in achieving the 8 percent economic growth target. In fact, it has a portion of 30 percent of the total investment value that enters the country.

Downstream also makes a very large contribution, very positive to our economic growth. If I look at the average, approximately 30 percent of the investment in Indonesia, comes from downstreaming," he explained.

Referring to BKPM data, in the period January to September 2025, the total investment value of downstreaming reached IDR 431.4 trillion, an increase of 58.1 percent on an annual basis. However, the investment is still targeting the mineral sector.

"Although the downstreaming is mostly in minerals, I can say it's nickel. But we are also now pushing for investment in non-mineral, plantation or marine fields, we also do that," he said.

According to Rosan, Indonesia will need at least IDR 13,032 trillion in investment over the next five years. This need, he said, is to meet the government's target of achieving economic growth of 8 percent of the calculation of the Ministry of National Development Planning/Bappenas.

This is the number given to us, in order that we can achieve 8 percent growth. The question of course, is it achievable? Alhamdulillah, we believe that this figure is achievable," he said.