The EV ambition is emblematic of this vision for Indonesia and has become the focus of the President’s trip to Australia, particularly in securing raw materials required to establish successful battery production. But the ambition is wider.
In office, Jokowi has adopted a hands-on approach, frequently engaging with citizens, visiting remote areas, and listening to their concerns. Policy-wise he has maintained a focus on infrastructure development, economic reform, healthcare, social welfare, digitalisation, and sustainable growth.
Central to this is the government’s “downstreaming” policy, with the aim to unlock the full potential of Indonesia’s abundant natural resources as the basis for a more prosperous and sustainable future.
Jokowi wants Indonesia to capture a larger share of the value chain by moving out of raw material exports into processed and finished goods production. This is seen as key to unlocking greater economic value, creating jobs, and fostering innovation.
MORE THAN JUST EV PRODUCTION
For EVs, Jokowi’s administration has sought partnerships with other countries to leverage Indonesian advantages in nickel production, a crucial component in EV batteries.
However, Indonesia has limited lithium resources, another essential element in batteries and a resource Australia has in abundance.
Source: CNA
