JAKARTA—Indonesia should do more to develop downstream industries to process natural and mineral resources domestically, bolstering Southeast Asia’s largest economy, President Joko Widodo said in his state of the union address to parliament on Friday, Aug. 16.
Widodo listed minerals such as bauxite and nickel, as well as coal, palm oil and fisheries, as the type of resources Indonesia should process more of onshore to increase their value before exporting.