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Indonesia Draws $58 Billion in H1 Investment, Fueled by Downstream Expansion

Bambang Ismoyo
July 22, 2025 | 10:06 pm
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This aerial photo shows the nickel smelter belonging to the state miner Antam as seen in Southeast Sulawesi on May 10, 2024. (Antara Photo/Andry Denisah)
This aerial photo shows the nickel smelter belonging to the state miner Antam as seen in Southeast Sulawesi on May 10, 2024. (Antara Photo/Andry Denisah)

Jakarta. Indonesia attracted approximately Rp 950 trillion ($58.4 billion) in investment during the first half of 2025, marking a year-on-year increase from Rp 829.9 trillion recorded in the same period last year, Investment Minister Rosan Roeslani announced on Tuesday.

The figure represents nearly 50 percent of Indonesia’s full-year investment target of Rp 1,905.6 trillion ($117 billion), signaling continued investor confidence in the country’s industrialization agenda.

According to Rosan, about 30 percent of first-half investment flowed into downstream mining projects. This surge reflects the government’s aggressive push to ban exports of raw nickel ore and copper concentrate, and to develop value-added industries within Indonesia.

“Investment in downstream sectors has risen significantly. From the Rp 950 trillion realized in the first half, around 30 percent went into downstream industries,” Rosan said during a press briefing in Jakarta.

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To further support this policy direction, the government has established a task force to accelerate downstream industrialization and strengthen energy resilience. The downstream drive not only focuses on the mining sector but also targets agriculture and fisheries.

Priority commodities for downstream development include coal, nickel, copper, gold, and crude palm oil (CPO), all central to Indonesia’s broader strategy to boost exports with higher value-added output.

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