Politics
Prepare! The devaluation in IR will be more advanced than today
Ternate, CNBC Indonesia – The Ministry of Energy and Mineral Resources (ESDM) is optimistic that the downstream program in Indonesia will continue to expand and deliver higher value addition. Indeed, the downstream policy promoted by the government is currently only in its first stage.
Deputy Minister of Energy and Mineral Resources Yuliot Tanjung said the government has big plans to expand the scope of the process downstream in the future. In fact, his party has been mapping industrial trees to see deeper potential downstream.
“The Ministry of Energy and Mineral Resources has also drawn an industrial tree that can achieve a deeper downstream process, not only at the first level, but we will enter the second stage, third stage and fourth stage,” he declared at the inauguration. of 14 single-price fuel dispensers for the Maluku cluster in Ternate, North Maluku, Wednesday (30/10/2024).
The added value generated should therefore be greater, particularly in areas such as North Maluku which is one of the nickel processing industrial zones.
He also noted that between January and September 2024, investment flows entering the downstream program in the North Moluccas reached IDR 55 trillion. As a result, the economic growth of the North Moluccas will be the highest in the world, reaching 20.49% in 2023.
“So if in 2022 it is even higher, around 24%, then that is of course an impact of the downstream program,” he said.
Therefore, Yuliot hopes for support from various parties, starting with economic actors, to be able to participate in downstream activities. Indeed, the government's policy is that each incoming investment must involve economic players in the region.
“So don't let big companies intervene without the involvement of economic actors in the regions, who will respond to the increasingly unequal economic conditions in the regions,” he said.
(pgr/pgr)
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