Indonesia to launch 15 downstream megaprojects this year

Jakarta: Indonesian President Prabowo Subianto said on Saturday that the country would undertake 15 downstream megaprojects this year as part of his priority program.

"We will continue and realize our downstreaming efforts. This year, at least 15 megaprojects worth billions of dollars will be launched," Prabowo said during the 17th anniversary celebration of the Great Indonesia Movement Party at the Sentul International Convention Center in Bogor, West Java province.

He emphasized that the downstream program aims to optimize Indonesia's natural resources to enhance the welfare of its people. To achieve these goals, he noted that the government is open to investors from various sectors to contribute.