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2 clusters · 9 sources · 5 days · First seen · Last updated

Indonesia industrial downstreaming drive

Overview

In late July 2026, the United Nations Industrial Development Organization highlighted Indonesia as a best‑practice example of industrial downstreaming in its Industrial Development Report. Minister of Industry Agus Gumiwang Kartasasmita used the recognition to call for upgrades to individual industrial zones, urging them to become integrated ecosystems that can attract global investment through supply‑chain integration, innovation hubs, skilled‑labour development and green‑industry pathways.

A few days later, at the INNOPROM 2026 exhibition in Yekaterinburg, Indonesia signed seven memoranda of understanding with Russian partners to expand its processed‑industry products into the Eurasian market. The agreements target deeper technology cooperation in critical minerals, advanced manufacturing, energy, food security and industrial zones. Kartasasmita reaffirmed the government’s hilirization strategy—boosting value‑added production, creating jobs and strengthening Indonesia’s role in global value chains—linking it to the National Strategic Projects in Papua that aim to develop local processing capacity and attract further investment.

Entities

Indonesia · Agus Gumiwang Kartasasmita · United Nations Industrial Development Organization · Russia · Papua

Timeline

  1. 25 days ago

    [BUSINESS] 2 sources
    Indonesia's Industry Minister Agus Gumiwang Kartasasmita Announces Russia Partnership and Domestic Hilirization Drive

    Indonesia signed seven MoUs at INNOPROM 2026 to boost processed‑industry exports to Eurasia, while UNIDO praised its hilirization. The plan ties to Papua's PSN projects to create jobs and attract investment.

  2. 30 days ago

    [BUSINESS] 7 sources
    Indonesia praised by UNIDO as industrial best‑practice as minister calls for zone upgrades to win global investment

    UNIDO cites Indonesia as a best‑practice for industrial downstreaming, and minister Agus Gumiwang Kartasasmita calls for industrial zones to become integrated ecosystems that fast‑track global investment.

Sources

bisnis.liputan6.com · cari.republika.co.id · economy.okezone.com · matabangsa.com · matapantura.republika.co.id · minews.id · ramenten.republika.co.id · ruzka.republika.co.id · us.en.news.viva.co.id