National Economic Progress through Industrial Downstreaming
- vivanews/Andry Daud
"The downstream capability of this sector will also produce downstream products or finished products such as medical equipment, kitchens, aerospace, and electric vehicles. The increase in added value from nickel ore can reach 340-400 times," the minister said.
Agus continued, the positive impact of the downstream mining and mineral sector has shown a significant increase in the achievement of national export values. Until October 2022, the export value of this industry reached USD36.4 billion, up 40 percent compared to last year. "We are targeting growth in this sector in 2022 to reach double digits, at 10-11 percent."
The Minister of Industry added that President Jokowi stated that green energy downstream is also the key to sustaining the national economy in the future. In this case, the Ministry of Industry continues to build a circular economy ecosystem through the implementation of the green industry.
"Green industry is our joint effort to build a strong national industry that is in harmony between economic growth, environmental sustainability, and public welfare and health," he explained.