Indonesia to launch 18 downstreaming projects involving Rp 600 trillion investment next year
Indonesia plans to launch 18 downstream chemical industry projects in 2026 with a total investment of more than 600 trillion rupiah, which is expected to create 270,000 jobs. The Energy and Mineral Resources Minister said the project is in line with President Prabowo's directive to add...
Indonesia to restrict imports of cheap Chinese goods
The Minister of Small, Medium and Micro Enterprises has said that the government is studying regulations to restrict the import of ultra-low-priced goods from China in order to protect competition in the domestic market. These goods are sold for as little as 3,000-4,000 rupiah (about 1.4-1.8 yuan), which is a serious washout...
Danantara completes investment study for battery and other projects in December
The Minister of Energy and Mining has announced that the feasibility study (FS) of 18 energy and resource downstreaming and energy security projects under the responsibility of BPI Danantara Agency will be completed by December 2025. The projects, with a total investment of about 300 trillion rupiah,...
Indonesia launches rural PV plant program
The Minister of Energy and Mineral Resources has announced that the government is developing a roadmap for the construction of large-scale village photovoltaic power plants (PLTS), with a target of installing 1.5 megawatts (MW) capacity of solar power generation facilities in each village or community. The program is designed to promote clear...
Global Copper Supply Shortage May Occur in 2028
The Indonesian Mining Association (IMA) has warned that a surge in copper demand, driven by the global energy transition, could lead to a global copper supply shortage in 2028. The association's chairman noted that Indonesia's current copper production accounts for 3%-5% globally and is expected to increase in 2032-20...
Chinese-funded engineering firms formally set up in Indonesia's industrial zones
China Chengda Engineering Co., Ltd., a Chinese-funded engineering company, has signed a cooperation agreement with PT Krakatau Sarana Properti (KSP), a subsidiary of Indonesia's steel company KRAS, to formally locate in the Krakatau Industrial Zone....
Indonesia's trade surplus stays up for 65th consecutive month
Indonesia's trade surplus reached US$4.34 billion in September 2025, realizing a record 65 consecutive months of surplus since May 2020, according to a report by the Central Statistics Agency (BPS). This result was mainly due to strong non-oil and gas commodities...
Bali calls off cliff glass elevator project invested by Chinese firms
Bali authorities have suspended a 182-meter-high cliff glass elevator project built by Chinese developer China Kaiser Group at Kelingking Beach after it sparked an environmental controversy. The elevator was planned to facilitate tourists' access to the beach,...
Indonesia's refractory industry becomes new engine of economic growth
The domestic refractory industry will be a catalyst for the country's industrial growth, supporting President Prabowo's goal of 8% economic growth by 2029, the chairman of the Association of Indonesian Refractory and Insulation Materials (ASRINDO) said recently. The industry, through...
Indonesia invests 5 trillion rupiah in first soda ash plant
Indonesia has officially launched the construction of its first soda ash (soda ash) plant in the industrial area of Bontang City, East Kalimantan Province. The project, with an investment of 5 trillion rupiah, covers an area of 16 hectares and is expected to create 800 jobs, and is scheduled to be built in March 2028...
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