Indonesia closes INNOPROM-2026 with 13 strategic deals

Indonesia ended its role as official partner country at INNOPROM-2026 in Yekaterinburg with 13 memorandums and a slate of business talks aimed at widening industrial ties across Eurasia. The agreements are meant to boost investment, technology transfer and market access for Indonesian manufacturers.

Why it matters: - Indonesia used INNOPROM-2026 to push industrial diplomacy that could translate into investment, trade and technology transfer. - The agreements are intended to strengthen market access for Indonesian industrial goods in Eurasia and support higher-value manufacturing at home. - The deals also connect Indonesia’s industrial strategy to its longer-term “Golden Indonesia 2045” transformation plan.

What happened: - Indonesia completed its participation as official partner country at INNOPROM-2026 in Yekaterinburg, Russia, after four days of meetings, forums, negotiations and business matching. - The Ministry of Industry of the Republic of Indonesia signed 13 memorandums of understanding during the event. - Minister of Industry Agus Gumiwang Kartasasmita said the participation strengthened Indonesia’s position in the Eurasian market and drew strong interest from regional industry representatives.

The details: - Indonesia held eight bilateral meetings with officials from Armenia, Kazakhstan, Kyrgyzstan, Azerbaijan, Tajikistan, and Russia’s Chelyabinsk, Kirov and Sverdlovsk regions. - The meetings produced agreements on industrial cooperation, trade, investment, deeper raw-material processing, industrial parks, supply chains, technology transfer and workforce development. - The 13 MoUs included agreements between Indonesia’s Ministry of Industry and Russia’s Ministry of Industry and Trade, plus cooperation deals with Kyrgyzstan, Kazakhstan, Chelyabinsk, Kirov and Sverdlovsk. - Business-to-business MoUs also involved IPERINDO, PT PCM Kabel Indonesia, PT Athira Maritim Indonesia and PIKKI with the United Shipbuilding Corporation Ak Bars. - Additional B2B agreements included PT Minang Jordanindo with LLC CHETRA and HKI with the Russian Association of Clusters, Technoparks and SEZs (AKIT RF). - The agreements cover manufacturing, machinery, heavy equipment, automotive, metallurgy, chemicals, the halal industry, mineral processing, industrial parks, skills development, investment and trade. - Indonesia also organized eight business negotiations and forums that attracted industry representatives, prospective investors and other stakeholders from Eurasia. - The sessions covered advanced manufacturing, semiconductors, telematics, maritime industry, deeper raw-material processing, sustainable palm-oil production and industrial value chains between Eurasia and ASEAN.

Between the lines: - The scale of the MoUs suggests Indonesia is using major trade events to turn diplomatic presence into concrete industrial partnerships. - The mix of government-to-government and company-level deals points to a strategy that combines policy access with commercial execution. - Tri Supondi, head of the Directorate General for Industrial Resilience, Regional Development and International Industrial Access, said the results reflect growing international confidence in Indonesia’s industrial sector. - Anton Atrashkin, Formika Event’s business program director, said this was the first time Indonesian business participated in Russia at such a scale.

What's next: - The MoUs are set to serve as the basis for follow-up cooperation across the targeted industrial sectors. - Indonesia will likely use the new partnerships to pursue more investment, trade links and industrial upgrading in Eurasia. - The government also appears positioned to build on the INNOPROM-2026 momentum as part of its broader industrial transformation agenda.