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Coordinating Minister Luhut Binsar Pandjaitan has denied any conflict of interest in government nickel downstream projects, particularly those involving Chinese investment. Luhut emphasized his commitment to maintaining integrity during his tenure as head of DEN and former Maritime and Investment Coordinating Minister. The minister assured that he has never been involved in any business related to these projects, prioritizing national interests instead.
Luhut Binsar Pandjaitan, Chairman of the National Economic Council (DEN) and former Coordinating Minister for Maritime and Investment Affairs, has strongly denied any conflict of interest in the government's nickel downstream projects, particularly those involving Chinese investment. During his lengthy tenure overseeing national investment planning and development, Luhut emphasized that he has maintained strict integrity and avoided any personal business involvement that could compromise national priorities.
The minister stated, "During my tenure, I have maintained my integrity by avoiding any conflict of interest. I have never been involved in any business to ensure that national interests remain the priority." This statement comes as the government continues to develop significant investment projects in the nickel sector, particularly in Morowali, Central Sulawesi.
Luhut's statements highlight the government's focus on developing the nickel industry through downstream projects, which have attracted substantial Chinese investment. These projects represent a critical component of Indonesia's industrialization strategy and economic development plans. The minister's assurance of integrity in handling these massive investments helps maintain investor confidence in the government's commitment to transparent and fair business practices.
Government Denial of Conflict of Interest
Nickel Downstream Project Development