Investment Value of Mineral Smelters in Indonesia, Period 2020-September 2024

Economics & Macro

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Adi Ahdiat 21/10/2024 11:21 WIB

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According to the BKPM report, from 2020 to September 2024, the realization of mineral smelter investment in Indonesia reached Rp759.83 trillion, with the largest amount allocated to nickel smelters.

Investment Value of Mineral Smelters in Indonesia by Type (2020-September 2024)

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Investment Value of Mineral Smelters in Indonesia by Type (2020-September 2024)

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According to a report by the Indonesian Investment Ministry/Investment Coordinating Board (BKPM), from 2020 to September 2024, realized investment in downstreaming in Indonesia has reached Rp1,245.8 trillion.

Approximately 61%, or Rp759.83 trillion, of this investment flowed into the mineral sector.

Downstreaming investment in the mineral sector is aimed at processing facilities or smelters for various commodities.

The largest capital inflow went to nickel smelters, valued at Rp514.8 trillion, followed by bauxite smelters at Rp194.24 trillion, copper at Rp46.77 trillion, and tin at Rp4.02 trillion.

Meanwhile, Indonesian President for 2024-2029, Prabowo Subianto, is committed to continuing the downstreaming policy or processing of national raw commodities.

"In ensuring the protection of the most vulnerable to achieve true welfare, true prosperity, we must implement downstreaming for all commodities we possess," said Prabowo after his inauguration as President, in his first state address at the MPR/DPR Building, Jakarta, Sunday (20/10/2024).

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Investment Value of Mineral Smelters in Indonesia, Period 2020-September 2024

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Investment Value of Mineral Smelters in Indonesia, Period 2020-September 2024

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