Jakarta (VNA), Feb. 2 -- Indonesia 's Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan has expressed his hope that the largest economy of Southeast Asia will not import petrochemical products from 2027 thanks to petrochemical industry development in North Kalimantan's green industrial area.

Speaking at the " 2023 Mandiri Investment Forum " on February 1, he said that the country plans to build the largest petrochemical industry at the Tanah Kuning Kalimantan Industrial Park Indonesia (KIPI) in North Kalimantan province, which will be turned into the world's biggest integrated industrial area.

The total investment potential of the industrial area has reached 132 billion USD. The figure includes the invest...