Singapore, China, and the US increase their investment in Indonesia
JAKARTA - Foreign Direct Investment (FDI) in Indonesia showed a significant increase throughout 2024, with total investment realisation reaching IDR 900.2 trillion.
This figure is equivalent to 52.5% of the total investment realisation in Indonesia in 2024, according to data from the Ministry of Investment and Downstream Development. Compared to the previous year, foreign investment realisation in Indonesia showed a 21% year-on-year (yoy) growth.
Singapore still dominates FDI in Indonesia, with investment realisation of US$20.1 billion. This figure increased by 30.5% yoy or from the previous year which was only US$15.4 trillion.
Hong Kong ranks second with investment realisation of US$8.2 billion, up 26.2% yoy. China ranks third with investment realisation of US$8.1 billion, up 9.5% yoy. Meanwhile, Malaysia ranks fourth, having increased its investment realisation by 2.4% yoy to US$4.2 billion by 2025.
In fifth place, the United States (US) recorded investment realisation of US$3.7 billion. Previously in 2023, the US was not even in the top five largest investment contributing countries in Indonesia.
‘This is a picture that if we look from year to year is quite consistent, the changes are not too extreme, but it is indeed the consistency of these countries giving their commitment to us,’ said Rosan Roeslani, Minister of Investment and Downstreaming/BKPM in a press conference on Friday (31/1). (KR/LM)