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Jumat, 18 Oktober 2024

Ministry of Investment/BKPM Wins Detikcom Awards 2024 for the Category of Institution Driving Downstream and Sustainable Economy

Jakarta, 17 October 2024 — Ministry of Investment/ Investment Coordinating Board (BKPM) has won the Detikcom Awards 2024 in the category of Institution Driving Downstream and Sustainable Economy. The award ceremony was held in Java Ballroom, The Westin Jakarta, on Thursday (17/10).

In his acceptance speech, Minister of Investment/Chairman of BKPM Rosan P. Roeslani expressed his gratitude and thanks for the award. He also underscored the important role of everyone’s collaboration in supporting the national downstream agenda.


“First of all, we would like to say thanks and give the highest appreciation to Mr. Chairul Tanjung and to Detikcom for giving this award to the Ministry of Investment. On this occasion, we’d also like to extend our deepest gratitude to Mr. President Joko Widodo, because pushing for downstreaming was his initiation. And, of course, to Mr. Dr. Bahllil Lahadalia, the previous minister of investment, because this was his work, which I merely continue for only these past few months,” said Rosan in his speech.


On that occasion, Rosan stated that the downstream agenda has contributed very significantly to investment realization in Indonesia. He also explained that in the past 5 years, the downstream sector has attained investment value of Rp 1,245 trillion or more than 20 percent of total investment realization in Indonesia.


“This is a positive thing that we will continue going forward because downstreaming creates value added domestically, and, most importantly, creates jobs for us all. And, also for the benefit of Indonesian people in the future,” Minister Rosan added.


According to data from the Ministry of Investment/BKPM, the mineral sector became the largest contributor for downstream investment, with a total investment of Rp 759.83 trillion, pushed by big investment in smelter construction. Nickel became the dominant commodity with an investment value of Rp 514.80 trillion, followed by bauxite with Rp 194.24 trillion, copper with Rp 46.77 trillion and tin, that recorded an investment of Rp 4.02 trillion.

Apart from the mineral sector, oil and gas also showed an important role in the downstream agenda with an investment total of Rp 139.61 trillion, particularly in petrochemicals. Not stopping there, the sector of the electric vehicle ecosystem also contributed through the investment in electric vehicle batteries, valued at Rp 19.14 trillion.

In the forestry sector, investment realization reached Rp 196.99 trillion, mostly channeled through the pulp and paper industry. Whereas for the agriculture sector, the downstream agenda of CPO/Oleochemical managed to attract Rp 130.23 trillion worth of investments.


Detikcom Awards was a prestigious award given to individuals, brands and institutions in Indonesia who had greatly contributed in various fields. This was the second year Detikcom Awards had been held.


Other than the Ministry of Investment/BKPM, some figures and other ministries also won awards that night. Zulkilfi Hasan was awarded with Domestic Market Empowerment Figure, while Bahlil Lahadalia’s role was acknowledged with Downstream Investment Driving Figure. Siti Nurbaya Bakar received Forestry Governance Modernization Figure award and Budi Karya Sumadi received an acknowledgement as Public Transportation Modernization Figure. In other categories, Budi Arie Setiadi was rewarded with an award in Online Gambling Eradication Driving Figure.


Other awards for High Performing Institutions in Public Services was given to the Ministry of Religious Affairs Republic of Indonesia, led by Yaqut Cholil Qoumas, who also received an award as Inspirational Religious Service Digital Transformation Figure. Abdullah Azwar Anas received an acknowledgment as Impactful Bureaucracy Reform Figure, while Erick Thohir was recognized as SOE Performance Driving Figure. Moreover, Agus Harimurti Yudhoyono was awarded with Digital Transformation in Land Sector Figure and Agus Gumiwang Kartasasmita received an award for the Industry Innovation and Transformation Figure.(*)

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