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Danantara to Initiate Six Multi-Billion Dollar Downstream Projects by February 2026

BIOFUELS

Danantara, launched on February 24, 2025, plans to initiate six multi-billion dollar downstream projects by February 2026, with a total investment of approximately $6 billion. Under President Prabowo Subianto's leadership, the agency aims to attract foreign investments and streamline over 1,000 state-owned enterprises to enhance economic growth, focusing on high-quality initiatives in clean energy and industrialization. Key projects include aluminum smelters in West Kalimantan, biofuel production in Central Java, and integrated coconut processing in Central Sulawesi.

Danantara to Initiate Six Multi-Billion Dollar Downstream Projects by February 2026
Jan 16, 2026, 6:08 AM

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