Throughout 2024, the realization of investment in downstreaming - both foreign and domestic investment - reached IDR 407.8 trillion. Four provinces that are the main locations of downstream projects are outside Java.
The total downstream investment realization value of IDR 407.8 trillion is equivalent to 23.8% of the total investment value in 2024. The location of the largest realization with a value of IDR 241.8 trillion (59%) is outside Java, namely Central Sulawesi, North Maluku, West Nusa Tenggara, and Riau.
The main downstream commodities developed in the four provinces are quite diverse. In Central Sulawesi and North Maluku, nickel commodities are prioritized. In NTB for copper commodities, and in Riau for the development of crude palm oil or CPO production.
This pattern of downstream development seems to have shifted slightly in 2025. In the first quarter of 2025, the total value of downstream investment realization reached IDR 136.3 trillion or equivalent to 29.3% of the total investment value.
However, of the five main locations, the portion of downstream realization in provinces outside Java shrank, around 36% worth IDR 48.68 trillion. which occurred in two provinces: Central Sulawesi and North Maluku. Meanwhile, another sizeable portion of downstreaming is in Java, namely in West Java, East Java, and Banten with a realization value of IDR 31.5 trillion (23%).
The development of downstream investment outside Java can actually be seen as a strong commitment from the government to create new economic centers in provinces that are rich in natural resources. Regions that develop economically due to the presence of downstream projects will absorb labor.
For this reason, the government must focus on attracting investors to invest in the downstream sector outside Java.