Indonesia chemical sector set for growth

With China becoming Indonesia's reliable source of investment, the country's chemical industry is witnessing a stronger growth path. That was the message conveyed by speakers and participants at a Jakarta forum on Monday.

The Indonesian government is pushing for a better future for investment in the chemicals sector — currently a significant contributor to the country's gross domestic product.

Erlangga Rismantojo, vice-president for strategic development at state-owned fertilizer producer Pupuk Indonesia, told the forum the country needs many local and foreign partners to further develop the chemical industry. "We need people with the technological capability to develop and invest in our chemical industrial sector," he told participants at the one-day Chemical Industry Investment Summit, or ICIIS, 2024, which was attended by representatives from about 600 companies.