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Investment Coordinating Board (BKPM) head Thomas Lembong has said Indonesia needs to boost investment in the downstream industry in the next five years in order to free itself from an intergenerational reliance on raw commodity-based exports that are prone to price swings. “We have to get off the commodity price rollercoaster,” Thomas said in an interview with The Jakarta Post at his office on Tuesday.
(TJP/Kornelius Purba and Made Anthony Iswara)