Danantara CEO reveals that the government is planning toInitiate multiple downstreaming projectsThese programs includeBauxite Smelter,Environmentally Friendly Aviation Kerosene Refineryas well asDownstream processing of coconut productsetc. Previously the government had set a target of planning toBy March 2025successively complete18 major downstreaming projectsthe groundbreaking ceremony. Upcoming projects include the launch of a new project inAluminum smelter in Machen (Mempawah)and inEnvironmentally Friendly Aviation Kerosene Refinery in West Java (Cilacap)The
existMachen, West KalimantanThe development of theTwo alumina refining projectsThe first project investment amounted to$2.4 billionThe second project is$890 million. InCilacap, West Javathat will start aEnvironmentally Friendly Aviation Kerosene Refinery ProjectThe investment amounted to$1.1 billion. In addition.An integrated coconut processing facility will also be established in Morowali, Central Sulawesi.The amount of investment is approximately $100 millionThe
existBanyuwangi, East Java, will also develop a value $80 million.(used form a nominal expression)Bioethanol facilities. Eventually it will also developPoultry downstreaming facilitiesThe program has12 projectswill be the first to be launched, withSpecific details of the five projects have not been disclosedThe
The launching of these projects marks the beginning of Indonesia's progress in achievingeconomic diversificationrespond in singingReducing dependence on raw material exportsAn important step forward has been taken in the Through the development ofdownstream industriesIndonesia is not only able toIncrease the added value of productsIt's still possible.Creating more jobsPromotingRegional economic developmentThe The Government will continue toSupport and promotionThe implementation of these projects to realize the country'sLong-term development goalsThe
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