Tuesday, April 16, 2024 | 14:15 WIB

Gibran on industrial downstreaming: Indonesia should no longer export raw materials

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Jakarta, IO – Vice presidential candidate No 2, Gibran Rakabuming Raka, conveyed his vision and mission in the fourth vice presidential debate held by the General Elections Commission (KPU) at the Jakarta Convention Center, Sunday (21/1).

In his remarks, Gibran emphasized that in the future Indonesia should no longer rely on raw materials exports and must produce value-added products domestically through an industrial downstreaming program.

“Indonesia is a great country; we must be grateful that Indonesia has very rich natural resources. For example, we have the largest nickel reserve in the world, the second largest tin reserve in the world. Therefore, the downstreaming program must be continued and expanded in scope,” said Gibran.

He said this should not just apply to the mining but also agricultural, maritime and digital sectors. Curbing exports of raw materials will also reduce the country’s dependence on fossil energy.

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“We will promote green energy transition such as bioavtur, biodiesel and bioethanol which has been carried out including B35 and B40,” he said.

“Our new renewable energy potential is also tremendous. It can produce up to 3,686 gigawatts, which includes solar, water, wind, bio-energy and geothermal energy. Therefore, the pentahelix collaboration must be encouraged.”

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