Chairman of the National Task Force for Downstreaming Acceleration and Energy Resilience, Bahlil Lahadalia, has handed over Pre-Feasibility Study (Pre-FS) documents for 18 priority projects to Rosan P. Roeslani, CEO of Indonesia’s sovereign wealth fund, Danantara.

The move follows up on a presidential directive for related institutions to immediately advance these strategic projects − either in part or in full − to execution stage.

“As mandated by the Presidential Decree, we now have 18 projects ready with pre-feasibility studies, totaling US$38.63 billion (Rp618.13 trillion) in investment,” Bahlil said while addressing the handover ceremony of Pre-Feasibility Documents for Priority Downstreaming and Energy Resilience Projects in Jakarta on Tuesday, July 22, 2025.

He noted that the 18 projects are separated from the electric vehicle battery ecosystem and span five strategic sectors:

• Eight mineral and coal downstreaming projects;
• Two energy transition projects;
• Two energy resilience projects;
• Three agriculture downstreaming projects;
• Three marine and fisheries downstreaming projects.

“These pre-FS documents have gone through a rigorous process − academic discussions, stakeholder consultations, and input from business leaders and technology owners,” Bahlil said.

Final review and execution

While Bahlil admitted that the documents are still in their preliminary stages, the responsibility to finalize them now lies with Danantara, which has the funding capacity and institutional mandate to refine and implement the plans.

The projects are expected to generate around 276,000 new jobs, and some may even begin implementation this year.

“Danantara will now assess business visibility, financing schemes, and potential partners. If they can finance 100 percent themselves, great. Otherwise, they may collaborate with external partners,” Bahlil cited.

He emphasized that the Task Force will continue working closely with Danantara on project prioritization, financing models, business schemes, site selection, and permitting, ensuring smooth execution.

The priority projects

Mineral and coal downstreaming:

• Aluminium Smelter (Bauxite): Rp60 trillion;
• DME Industry (Coal, 6 sites): Rp164 trillion;
• Buton Asphalt Industry: Rp1.49 trillion;
• Manganese Sulfate Industry: Rp3.05 trillion;
• Stainless Steel Slab (Nickel): Rp38.4 trillion;
• Copper Rod, Wire & Tube (Cathode Copper): Rp19.2 trillion;
• Steel and Iron (Iron Sand): Rp19 trillion;
• Chemical Grade Alumina (Bauxite): Rp17.3 trillion.

Agricultural downstreaming:

• Oleoresin Industry (Nutmeg): Rp1.8 trillion;
• Oleofood Industry (Palm Oil): Rp3 trillion;
• Coconut Derivatives (Nata de Coco, MCT, Flour, Activated Carbon): Rp2.3 trillion.

Marine and fisheries downstreaming:

• Chlor Alkali Plant (Salt): Rp16 trillion;
• Tilapia Fillet Industry: Rp1 trillion;
• Carrageenan Industry (Seaweed): Rp212 billion.

Energy resilience:

• Oil Refinery: Rp160 trillion;
• Oil Storage Tanks: Rp72 trillion.

Energy transition:

• Integrated Solar Module Plant (Bauxite & Silica): Rp24 trillion;
• Bioavtur Industry (Used Cooking Oil): Rp16 trillion.

With these projects poised to enter the next phase, Danantara is now tasked with aligning business models, securing necessary partnerships, and ensuring long-term sustainability aligned with national goals.