Jordan, Danantara Explore Deeper Phosphate Partnership in Jakarta
Jakarta. Jordan’s King Abdullah II will wrap up his visit to Indonesia on Saturday with a key meeting with sovereign wealth fund Danantara, where both sides are expected to explore expanded cooperation in strategic commodities, particularly phosphate.
Foreign Minister Sugiono said the discussion aims to strengthen long-term economic collaboration at a time when phosphate supply chains and fertilizer security are becoming increasingly important for Indonesia.
“In the economic sector, His Majesty will meet with Danantara to discuss more intensive cooperation across several fields, especially phosphate commodities,” Sugiono told reporters at the Merdeka Palace on Friday.
Phosphate is one of Jordan’s most important exports, anchored by the Jordan Phosphate Mines Company (JPMC), a major global producer with operations spanning mining and fertilizer manufacturing. According to the company, Jordan ranks fifth worldwide in phosphate reserves. JPMC is in the middle of an expansion phase, planning to invest JD 1.27 billion (about $1.8 billion) in phosphate-related projects through 2030. Its current development pipeline includes a new flotation plant in Shaidiya capable of producing 2 million tonnes a year, while downstream output continues to grow.
Indonesia, meanwhile, is one of the largest fertilizer consumers in Southeast Asia and relies on imported phosphate to support its agriculture sector. In 2023, Indonesia imported $262.83 million worth of goods from Jordan, of which fertilizers represented a significant share at $123.69 million.
President Prabowo Subianto has recently made fertilizer security a national priority. His administration is revitalizing state-owned fertilizer plants to boost production efficiency, reduce distribution costs, and stabilize supply for farmers. In October, Prabowo cut fertilizer prices by 20 percent as part of his broader push for food self-sufficiency, a policy shift that increases Indonesia’s need for reliable upstream phosphate partnerships.
King Abdullah II will attend the Saturday meeting along with a delegation from the Hashemite Kingdom of Jordan. President Prabowo will not join the discussion but is scheduled to escort the King to Halim Perdanakusumah Airport afterward.
Beyond the economic agenda, Sugiono said that Indonesia and Jordan have also agreed to enhance cooperation in defense and security. The two countries already run joint military training programs, which both sides intend to expand.
“Indonesia and Jordan have been conducting training programs, and I believe this relationship will continue to grow,” the foreign minister said.
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