Government Offers 35 Downstream and Energy Projects Worth $123.8 Billion
JAKARTA, investortrust.id – Indonesia’s Task Force for Downstream Development and Energy Security has identified 35 investment projects worth $123.8 billion, or approximately Rp 2.016 trillion, to be offered to potential investors.
Deputy Minister of Energy and Mineral Resources (ESDM) Yuliot Tanjung stated that the task force is currently consulting with relevant ministries and agencies to finalize the investment framework.
“The task force has identified and prepared 35 projects with a total value of around $123.8 billion,” Yuliot said at the Secretariat of the Ministry of Energy and Mineral Resources in Jakarta on Friday, Feb. 14, 2025.
Oleochemical and Energy Security Projects
The projects span downstream processing, energy security, and agriculture. The downstream sector includes mineral and coal-based processing, as well as oil and gas refining.
“In the agriculture sector, we are preparing oleochemical projects. Meanwhile, for energy security, we are exploring opportunities to accelerate the energy mix,” Yuliot added.
The Indonesian government aims to create a favorable investment climate by ensuring comprehensive project preparation and offering attractive incentives to potential investors.
Presidential Directive for Downstream Acceleration
Earlier, Minister of Energy and Mineral Resources Bahlil Lahadalia, who also chairs the task force, outlined four key mandates under Presidential Decree No. 1 of 2025 concerning the National Task Force for Downstream Development and Energy Security.
The first directive mandates the identification and prioritization of land, locations, and raw material resources across sectors, including energy, forestry, fisheries, and agriculture, for downstream development.
“Second, the task force is instructed to formulate, identify, and recommend financing mechanisms, whether through banking, non-banking institutions, or the state budget (APBN),” Bahlil said.
The third directive focuses on policy synchronization to prevent regulatory overlap, particularly regarding licensing issues.
Lastly, President Prabowo Subianto has emphasized the need for an equitable downstream industry. The task force is required to submit progress reports at least every six months or whenever necessary.
“The task force is led by the Minister of Energy and Mineral Resources, with deputy chairpersons including the Minister of Investment, Minister of Agrarian Affairs, Minister of Forestry, Minister of Maritime Affairs, and Minister of Agriculture,” Bahlil concluded.