TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Gibran mulls adopting UK's downstream policy in Indonesia

Surakarta Mayor Gibran Rakabuming Raka expresses optimism in adopting the United Kingdom’s downstreaming practices in Indonesia, enhancing local innovation and high-value production.

News Desk (The Jakarta Post)
Jakarta
Thu, March 14, 2024

Share This Article

Change Size

Gibran mulls adopting UK's downstream policy in Indonesia Vice presidential candidate Gibran Rakabuming Raka, President Joko 'Jokowi' Widodo's son and current Surakarta mayor, reacts on stage during an election campaign at the Baharuddin Siregar stadium in Lubuk Pakam, North Sumatra, on Feb. 7, 2024. (AFP/Kartik Byma)

I

n a bid to bolster innovation-driven economic growth in Indonesia, Surakarta Mayor Gibran Rakabuming Raka has expressed his interest in adopting the United Kingdom's downstream industry practices.

“This is an example of downstreaming. We have all the necessary components, yet until now, there has been no Indonesian touch. So, we’re looking to intervene. We’ll address other aspects one by one,” Gibran said on Wednesday, as reported by Antara news agency.

On March 5, Gibran visited Alloyed Ltd., an Oxford-based company founded by Indonesian technopreneur Fauzan Adziman.

Alloyed is a digital technology manufacturing company developing new materials and additive manufacturing. The company produces various high-value products such as components for airplanes, satellites, electric vehicles (EVs) and Formula One engines, as well as augmented reality, data center cooling, medical implants and jewelry.

Gibran visited the UK on March 3-10 at the invitation of the Indonesian Ambassador to London Desra Percaya.

The visit highlights Surakarta's commitment to fostering an innovative and globally competitive economy through Solo Technopark, Gibran said.

Morning Brief

Every Monday, Wednesday and Friday morning.

Delivered straight to your inbox three times weekly, this curated briefing provides a concise overview of the day's most important issues, covering a wide range of topics from politics to culture and society.

By registering, you agree with The Jakarta Post's

Thank You

for signing up our newsletter!

Please check your email for your newsletter subscription.

View More Newsletter

The presumptive vice president then emphasized Indonesia's significant potential in resource processing, including rare earth minerals.

"During this visit, I have identified significant opportunities for Indonesia to enhance the downstream of critical minerals, leading to the creation of high-value products,” Gibran said, as quoted by kontan.co.id business news site.

“Looking ahead, we aim to establish a comprehensive end-to-end downstream process in Indonesia.”

The mayor said he believed the practices he observed at the company could be adapted in Indonesia, integrating the nation into the global supply chain for new materials and high-value goods.

Although a partnership between Surakarta and the Oxford-based company has yet to materialize, Gibran's initial visit has opened doors for potential collaboration.

"We’ll see [how it goes]. I’ve only just had my initial look at the factory and its products," he said.

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.