Based on a review of the development of Indonesia’s industrial policy，this paper studies the main content and development trends of the Jokowi government’s industrial policy. The study finds that Indonesia’s industrial policy in recent years has distinct characteristics：firstly，it is employment and export-oriented；secondly，it restricts the export of core minerals and implements downstream policies；thirdy，it promotes the development of local industries and encourages domestic manufacturing；fourthly，it attracts foreign investment into emerging and strategic industries with tax incentives. Indonesia’s industrial policy has achieved certain results in promoting economic growth and attracting foreign investment，but it also faces challenges such as a decline in the proportion of manufacturing and inadequate implementation of policies. The Two Countries Twin Parks are important platforms for promoting industrial cooperation. This paper also analyzes the value of the Batang Industrial Park as the first twin park project landed in Indonesia，highlighting its significance as an industrial cooperation platform.