Key insights and market outlook
Indonesia's oil and gas (oil and gas) supporting industry is becoming increasingly strategic in driving the national industry. The sector is reducing import dependence and penetrating global markets. PT Teknologi Rekayasa Katup (TRK) is a notable example, producing 12,000 high-tech valves annually for oil and gas and power generation sectors. The Ministry of Industry sees this strengthening as key to national industrial independence.
Indonesia's oil and gas supporting industry is emerging as a crucial driver of the national economy. The sector is not only reducing the country's reliance on imports but also successfully penetrating global markets. This development is seen as vital by the Ministry of Industry, which views the strengthening of this sector as key to achieving national industrial independence.
The Ministry of Industry is actively promoting the use of domestic products to strengthen industrial structures and reduce imports. Minister Agus Gumiwang Kartasasmita emphasized the government's commitment to optimizing domestic product utilization. This policy is supported by the performance of industry players such as PT Teknologi Rekayasa Katup (TRK), which has demonstrated significant capabilities in producing high-tech valves.
TRK's production capacity of 12,000 units per year is being absorbed both domestically and internationally, with exports reaching the Middle East. This performance showcases Indonesia's growing technological capabilities in the oil and gas sector and its potential to compete globally. The company's success is indicative of the broader potential within Indonesia's oil and gas supporting industry to become a significant player in both national and international markets.
Industrial Capacity Expansion
Export Market Penetration