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Minister Maru added, “While Indonesia has traditionally relied on imports of manufactured goods, advanced technology, and technical abilities, it has successfully transitioned from a major sector financial system to 1 focused on secondary and tertiary industries. “Downstream processing has been highly profitable in Indonesia, creating thousands of jobs, transferring higher-value abilities, and introducing superior technological processes. The nickel SEZ at Weda Bay alone created eighty,000 direct jobs and 12,000 oblique jobs—more jobs than PNG’s whole mining and petroleum industries mixed. In 2022, investment in downstream mining surged to virtually US$9.2 billion, compared to US$4.1 billion …

