Indonesia Strengthens Industrial Cooperation with Russia, Opens New Investment Opportunities Ahead of INNOPROM 2026
As a follow-up to the business matching activities held in Moscow on 8 December 2025, the Ministry of Industry of the Republic of Indonesia (Kemenperin) continues to strengthen industrial diplomacy through the organization of the Indonesia–Russia Business and Investment Forum 2026 in Saint Petersburg, Russia. This forum is part of the Road to Indonesia as Partner Country at INNOPROM 2026, the largest international industrial exhibition in Russia that brings together global industry players for the promotion of technology, investment, and manufacturing collaboration. Through this forum, Indonesia accelerates the strengthening of strategic partnerships with Russia while opening new opportunities for cooperation in priority industrial sectors, in line with the national development agenda to enhance industrial competitiveness and expand global economic networks.
Within the series of activities, several leading companies presented their business profiles and collaboration opportunities, including PT PAL Indonesia, Rosatom State Atomic Energy Corporation, PT Pupuk Indonesia, and UC Rusal. These presentations highlighted the potential for cooperation across various priority sectors, including manufacturing development, strategic industries, and the application of advanced industrial technologies.
Furthermore, the forum also served as a strategic momentum to discuss various potential cooperation areas in industrial value chain development, increased manufacturing investment, and the utilization of more advanced industrial technologies. Russia has strengths in heavy industry, engineering technology, and research capacity, while Indonesia offers a large domestic market potential, abundant industrial resources, and competitive industrial zones as regional production bases.
Active participation from stakeholders is expected to encourage the creation of new investment opportunities, expand industrial cooperation, and open broader market access for manufactured products from both countries. The forum also serves as a platform to match industrial needs with existing business potentials in order to generate concrete cooperation that contributes to economic growth.
The implementation of this forum reflects the commitment of Kemenperin to supporting the transformation of the national industry toward a more modern, innovative, and sustainable industrial ecosystem. The government continues to accelerate industrial development based on downstream processing, advanced manufacturing, and strengthening industrial resilience through the utilization of technology and human resource capacity building.
This activity also reinforces the role of Kemenperin through the Directorate General of International Industrial Access and Industrial Development (Ditjen KPAII) in expanding market access and enhancing international industrial cooperation. Through various industrial promotion initiatives and investment facilitation, Ditjen KPAII encourages the improvement of national industrial competitiveness in the global market.
Director General of KPAII, Tri Supondy, stated that this forum represents an important step in strengthening the foundation of Indonesia–Russia industrial cooperation going forward. According to him, the enthusiasm of business actors from both countries demonstrates significant collaboration potential, ranging from joint manufacturing development to the diversification of global supply chains. “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,” he said.