Danantara to Develop 26 Downstreaming Projects Worth Rp225 Trillion, Creating Over 37,000 Jobs
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- Danantara is undertaking 26 national strategic downstreaming projects with an investment value of Rp225 trillion to increase the added value of natural resources.
- These projects are projected to create 37,833 jobs, stimulate regional economies, and ensure that added value benefits the domestic economy.
- The projects are divided into two phases, with Phase I involving six priority projects worth Rp109 trillion and Phase II encompassing 10 priority projects valued at Rp116 trillion.
Danantara is spearheading 26 strategic national downstreaming projects aimed at maximizing the value of natural resources, with a total investment of Rp225 trillion. These initiatives are expected to generate significant economic benefits, including the creation of 37,833 jobs and the stimulation of regional economies.
"These downstreaming efforts not only attract investment but also create employment, drive regional economic activity, and ensure that the added value is enjoyed domestically," stated Dony Oskaria, Chief Operating Officer of Danantara and Head of the State-Owned Enterprises (BUMN) Agency. He emphasized that the projects are designed to deliver tangible benefits to the national economy and its people.
The project execution is structured in two phases. Phase I, which commenced with a groundbreaking ceremony on February 6, 2026, comprises six priority projects across 13 locations. This phase involves an investment of Rp109 trillion and is anticipated to create 11,456 jobs. Phase II, initiated on April 29, 2026, includes 10 priority projects in 13 locations, with an investment of Rp116 trillion and an estimated job creation of 26,377.
Oskaria reiterated the importance of downstreaming, stating, "Downstreaming must provide real benefits for the national economy, not only in terms of investment but also in its impact on society." The initiative aligns with the government's broader goals of enhancing resource utilization and fostering sustainable economic growth.
Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.