Indonesia plans to build coal downstream industry projects at 6 locations, converting coal into dimethyl ether. This project is part of 18 national downstream and energy security projects, and its preliminary feasibility study has been completed. The project locations are in Bulungan, Kutai Timur, Kota Baru, Muara Enim, Pali, and Banyuasin. The estimated investment is 164 trillion IDR, and it is expected to create 34,800 jobs. The preliminary feasibility study was completed by the National Task Force for Downstream Industry and Energy Security, and the documents have been submitted to the CEO of the Indonesia Investment Management Agency Danantara. The specific construction contractor has not yet been determined. Danantara will conduct a comprehensive evaluation, including social, legal, and technical impacts, and will commission an independent party for analysis. The total estimated investment for the 18 projects is 618.13 trillion IDR (approximately 38.63 billion USD), with the potential to create 276,636 direct and indirect jobs. Key projects include the Mempawah aluminum smelter (bauxite) in West Kalimantan Province with an investment of 60 trillion IDR, providing 14,700 jobs; the Buton asphalt industry in Southeast Sulawesi Province with an investment of 1.49 trillion IDR, providing 3,450 jobs; refineries in multiple locations including Lhokseumawe and Sibolga, with an investment of 160 trillion IDR, providing 44,000 jobs; and oil storage tank projects at the same locations as the refineries, with an investment of 72 trillion IDR, providing 6,960 jobs. The Minister of Investment stated that Danantara hopes to encourage both domestic and foreign enterprises to participate in these projects, especially domestic enterprises, and believes that the implementation of more projects will have a more positive impact on the economy, employment, etc., and all processes will be carried out properly and correctly.
Indonesia plans to build coal downstream industry projects at 6 locations, converting coal into dimethyl ether. This project is part of 18 national downstream and energy security projects, and its preliminary feasibility study has been completed. The project locations are in Bulungan, Kutai Timur, Kota Baru, Muara Enim, Pali, and Banyuasin. The estimated investment is 164 trillion IDR, and it is expected to create 34,800 jobs. The preliminary feasibility study was completed by the National Task Force for Downstream Industry and Energy Security, and the documents have been submitted to the CEO of the Indonesia Investment Management Agency Danantara. The specific construction contractor has not yet been determined. Danantara will conduct a comprehensive evaluation, including social, legal, and technical impacts, and will commission an independent party for analysis. The total estimated investment for the 18 projects is 618.13 trillion IDR (approximately 38.63 billion USD), with the potential to create 276,636 direct and indirect jobs. Key projects include the Mempawah aluminum smelter (bauxite) in West Kalimantan Province with an investment of 60 trillion IDR, providing 14,700 jobs; the Buton asphalt industry in Southeast Sulawesi Province with an investment of 1.49 trillion IDR, providing 3,450 jobs; refineries in multiple locations including Lhokseumawe and Sibolga, with an investment of 160 trillion IDR, providing 44,000 jobs; and oil storage tank projects at the same locations as the refineries, with an investment of 72 trillion IDR, providing 6,960 jobs. The Minister of Investment stated that Danantara hopes to encourage both domestic and foreign enterprises to participate in these projects, especially domestic enterprises, and believes that the implementation of more projects will have a more positive impact on the economy, employment, etc., and all processes will be carried out properly and correctly.