Saturday, July 27, 2024

Bahlil asks Indonesian students in Melbourne to develop downstream industry 

Reading Time: 2 minutes
Gusty da Costa

Journalist

Editor

Interview

Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia asks the Indonesian students pursuing higher education in Australia to contribute themselves for the development of downstream industry in their home country.

Addressing a public lecture at the University of Melbourne, Australia on Monday evening, May 13, 2024, Bahlil said the Indonesian government has been focusing on building domestic downstreaming through the development of an electric car battery industry.

He cited that the government’s efforts have been met with opposition from European countries that disagree with the Indonesian government’s policies.

“Indonesia needs strong leadership, courage, and policy consistency. There is no other way for us to become a developed country, other than downstreaming. We cannot use the old ways,” Bahlil said.

Also present at the public lecture were Indonesian Consul General in Melbourne Kuncoro Waseso, Chairman of the Indonesian Students Association Australia (PPIA) – University of Melbourne Rio Fieris, and a number of Ministry of Investment/BKPM officials.

On the same occasion, the Investment minister invited the young generation to develop their entrepreneurship, while suggesting that by becoming entrepreneurs they can help create jobs, improve the economy, and ultimately advance the country.

“This country is calling your generation to become entrepreneurs. I am sure you will be the next generation to win the battle with other countries,” Bahlil, who was an entrepreneur before being recruited for the cabinet post, said.

Axel, a University of Melbourne student who attended the public lecture, concurred with Bahlil’s statement.

“As children of the nation, we have gone far away from home to pursue higher education. We must return to build our nation. Perhaps, I will set up my own business in the future and help our nation,” he said.

The public lecture at the University of Melbourne was organized by the Indonesia Investment Promotion Centre (IIPC) Sydney, in collaboration with the Indonesian Consulate General in Melbourne and the PPIA University of Melbourne chapter.

Gusty da Costa

Journalist

 

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

The Indonesian government has reported a commitment of Rp2 trillion (US$122.7 million) in investment from the issuance of 300 Golden Visas to individual and corporate foreign investors., seeking to issue 1,000 more Golden Visas to attract significant investments and high-caliber global talents to Indonesia.
The Financial Transaction Reports and Analysis Center (PPATK) has projected that online gambling transactions in the country could reach Rp900 trillion (US$55.2 billion) by the end of this year if no preventive measures are taken.
The Center for Economic and Law Studies (Celios) has suggested that Indonesia requires at least Rp892.1 trillion (US$54.7 billion) by 2045 to implement a restorative economic strategy across various sectors.
President Joko “Jokowi” Widodo symbolically planted the first sugarcane to mark the development of downstream sugarcane plantation, sugar factory, and bioethanol project in Sermayam Indah Village, Merauke Regency, South Papua, on Tuesday, July 23, 2024.
The Corruption Eradication Commission (KPK) is investigating corruption allegations in State-owned gas distribution company PT Perusahaan Gas Negara (PGN) over gas trading transactions with PT Isargas/Inti Alasindo Energi (IAE) from 2017 to 2021.
PT Amman Mineral Nusa Tenggara (AMNT), a subsidiary of PT Amman Mineral Internasional (AMMAN), has secured the export permit for copper concentrate from the Indonesian Ministry of Trade following a recommendation from the Ministry of Energy and Mineral Resources (ESDM).