Indonesia strengthened its industrial cooperation with Russia through the Indonesia–Russia Business and Investment Forum 2026 held in Saint Petersburg as part of preparations for INNOPROM 2026 (05/05).

The forum follows a business matching activity conducted in Moscow on December 8, 2025, and serves as a step toward Indonesia’s role as Partner Country at the international industrial exhibition.

Forum Focuses on Concrete Investment and Partnership Outcomes

The initiative aims to deliver tangible results, including investment opportunities and industrial partnerships.

Deputy Minister of Industry Faisol Riza stated that the forum is not only a communication platform but also a means to produce concrete follow-up actions toward INNOPROM 2026.

Russia’s Deputy Minister of Industry and Trade Alexey Gruzdev highlighted the commitment to strengthening long-term economic relations between both countries.

Companies Present Collaboration Opportunities Across Key Sectors

The forum gathered more than 100 participants from government and business sectors of both countries.

Representatives from PT PAL Indonesia, Rosatom State Atomic Energy Corporation, PT Pupuk Indonesia, and UC Rusal presented their business profiles and collaboration potential.

The presentations emphasized opportunities in manufacturing development, strategic industries, and the use of advanced technology.

Indonesia and Russia Leverage Complementary Industrial Strengths

The forum also discussed potential cooperation in industrial value chain development, increased manufacturing investment, and technology utilization.

Russia offers strengths in heavy industry, engineering, and research capacity, while Indonesia provides a large domestic market, abundant industrial resources, and competitive industrial zones.

These complementary advantages are expected to support broader industrial collaboration and market access.

Government Reinforces Industrial Transformation and Global Engagement

The event reflects the Ministry of Industry’s commitment to advancing a modern, innovative, and sustainable industrial ecosystem.

Efforts continue to focus on downstream industrialization, advanced manufacturing, and strengthening industrial resilience through technology and human resource development.

The Directorate General of Industrial Resilience, Regional Development, and International Industrial Access (KPAII) plays a role in expanding market access and promoting international cooperation.

Director General Tri Supondy said, “We believe that the cooperation built today will become an important foundation for creating long-term industrial partnerships that are mutually beneficial and strengthen the position of Indonesia and Russia in the global industrial ecosystem.”

PHOTO: MINISTRY OF INDUSTRY

This article was created with AI assistance.

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