Prabowo Prioritizes Downstream Industry in Investment Cooperation with the US

Indonesian President Prabowo Subianto emphasizes the importance of downstream industrial programs as a core requirement for investment cooperation with the United States. He insists that raw materials must be processed domestically, maintaining that foreign investments should adhere to Indonesia's regulations. Critical minerals will be managed at international market prices, ensuring that the economic benefits are retained within the country.

Published Mar 22, 2026

President Prabowo Subianto has stated that Indonesia prioritizes downstream industrial programs in its investment cooperation with the United States. He emphasized that foreign investments must process raw materials domestically and comply with national regulations.

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The government is committed to preventing the export of unprocessed raw materials. Prabowo highlighted that critical minerals should be valued at international market prices, ensuring economic benefits for Indonesia. He cited PT Freeport Indonesia as a successful example of foreign investment that adheres to local regulations and contributes significantly to state revenue.