Stop Asphalt Imports, Is RI’s Industry Ready

Stop Asphalt Imports Investment Minister/Head of BKPM, Bahlil Lahadalia said Buton Regency, Southeast Sulawesi has started producing 100 thousand tons of asphalt per year. To cover domestic demand. Production capacity needs to be in creased to 5 million tons per year.

In this case, Bahlil responded to President Joko “Jokowi” Widodo’s statement that he wanted to stop asphalt imports in two years. Now the asphalt industry in Buton has reached production of 100 thousand tons per year. It’s still a bit, but we will pump for expansion,” Bahlil said after attending the 2022 BNI Investor Daily Summit at the Jakarta Convention Center (JCC)

1. Need additional investment for the expansion of the asphalt industry in Buton

For this expansion. Bahlil said additional in vestment is need. Bahlil said. There are already several in vestors who are in terested in entering the asphalt industry in Buton. And the addition of new investments to build the asphalt industry will be carried out immediately and some investors have started to exist.” Said Bahlil.

2. RI needs a capital injection of up to Rp20 trillion

To in crease production to 5 million tons per year. Bahlil said an in vestment of up to IDR 20 trillion per year is needed. To cover 500 thousand tons. The investment is around IDR 2-3 trillion, that’s around IDR 15 trillion to IDR 20 trillion,” said Bahlil.

3. Local and European investors are in terested in entering the asphalt industry in Buton

Investors who are in terested in entering the Buton asphalt in dustry in clude those from Indonesia and Europe. God willing, (there are those who are in terested). Several countries including our national countries, Europe and Indonesia,” said Bahlil.

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