When Joko Widodo assumed Indonesia’s presidency in 2014, the country’s exports of nickel, the silver-white mineral vital to electric vehicle batteries, totalled just $1bn.
A decade later, that figure has soared to $30bn — just one sector transformed under his tenure by a boom in demand for next-generation energy.
As Widodo — who is widely known as “Jokowi” — prepares to step down at the end of his second term in October, investors are keenly watching for signs of how his successor will manage south-east Asia’s biggest economy, which the outgoing president has positioned as an emerging powerhouse in green industries.
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