Industrial Policy Lab Indonesia is a think tank focused on advancing Indonesia’s reindustrialization agenda.
We believe that a prosperous, green, and sovereign Indonesia can only be built on a strong industrial foundation: an industrial Indonesia.
The Challenge of Deindustrialization
Since the start of the millennium, Indonesia's industrial base has steadily thinned and weakened the country's capacity to generate decent jobs and durable sources of growth. Conversely, Indonesia has increasingly relied on export of commodities to drive growth.
While this model has delivered windfalls during boom years, it is becoming less reliable in a world shaped by decarbonization imperatives and intensified geopolitical competition.
Three Strategic Imperatives
Sustainable reindustrialization is central to addressing three critical challenges facing Indonesia.
Economic Development
Creating decent jobs at scale and stimulating prosperity through productive employment and rising real incomes.
Climate Crisis
Developing the industrial and institutional foundations for Indonesia to meet its net-zero commitments and capture competitive advantage in the low-carbon economy.
Geopolitical Resilience
Maintaining Indonesia's sovereignty in economic and industrial decision-making amid growing geopolitical tensions.
What we do
Research
We study industrialization, structural transformation, industrial finance, and the institutional foundations of productive capability.
Policy Advocacy
We seek to bring evidence-based industrial policy ideas into policymaking and public debate.
Civil Society Engagement
We work to broaden public understanding of industrial policy and help build a wider constituency for just and sustainable structural change.
Board of Trustees and Supervisor
Yorga Permana, PhD
PhD in Economic Geography, the London School of Economics
MSc in Innovation Sciences, Eindhoven University of Technology
Trustee
Rifqi Febrian, MPA
SupervisorPhD Student in Public Affairs in Science, Technology and Environmental Policy, Princeton University
Master of Public Administration, Columbia University
Januardy Djong, MBA
Master of Business Administration, Harvard Business School
MSc Engineering and Policy Analysis, Delft University of Technology
TrusteeCore Management Team
Faris Abdurrachman, MS
Faris is the Lead Economist at Industrial Policy Lab. His research focuses on macroeconomics and development economics, particularly in the design of industrial policy for emerging economies. Faris brings extensive experience in policy analysis and a rigorous understanding of economics and quantitative methods to the Industrial Policy Lab team. Previously, he was a Research Analyst at the International Monetary Fund. He holds an MS in Quantitative Economics from New York University Stern School of Business and a BA in Economics from the University of Indonesia. Away from work, Faris spends his time either playing with his tabby cat, or travelling with his beloved wife.
Lead Economist
Kafi Prasetya, MS
Kafi is the Policy Lead at Industrial Policy Lab. He is an engineer by training and a policy analyst by practice. His experience spans government, the private sector, and regional institutions. He has contributed to national-level policy through Indonesia's Ministry of Investment and Ministry of Energy and Mineral Resources. Kafi also brings a regional perspective from his tenure at the ASEAN Secretariat. His background as a consultant and project manager gives him a concrete understanding of how policy works on the ground. He holds a BE in Chemical Engineering from Institut Teknologi Bandung and an MSc in Environment, Politics and Development from SOAS University of London.
Policy Lead
Bambang Trihadmojo, M.Sc, MA
Sustainability LeadBambang is a scholar-activist and the Sustainability Lead at Industrial Policy Lab. His work focuses on climate finance, just transition, sustainable behavior, and nature conservation. He is currently pursuing a PhD in Sociology at Northwestern University. His dissertation examines contentious multilateralism and antagonistic cooperation in global climate finance negotiations. He holds an MA in Sociology from Northwestern University and an MSc in Social Psychology from Lancaster University. Bambang also participates in international climate negotiations like the UNFCCC Conferences of the Parties and the Standing Committee on Finance meetings. He is an avid traveler who enjoys forest bathing, walking along Lake Michigan, and reading in libraries.
Entity Information
Industrial Policy Lab Indonesia operates under Yayasan Transformasi untuk Negeri, a non-profit foundation registered under Indonesian law.
Yayasan Transformasi untuk Negeri is a legally registered entity with Certification Number AHU-000692.AH.01.04.Tahun 2026, issued by the Ministry of Law of the Republic of Indonesia.