The Indonesian government is targeting an investment of IDR 13,032 trillion in the 2025 to 2029 period as an effort to support the achievement of economic growth of 8 percent in 2029, according to an official press release on the website of The President of The Republic of Indonesia. This target was conveyed by the Minister of Investment and Downstream, Rosan Roeslani, in a press statement at the Presidential Palace Complex, Jakarta, on Thursday (2/1/25.)
“In 2025, investment is expected to reach IDR 1,905 trillion with total investment from 2025 to 2029 being approximately IDR 13,000 trillion, a little over IDR 13,032 trillion. That is what I conveyed to the President,” said Rosan after meeting with President Prabowo Subianto at the Merdeka Palace in Jakarta.
Rosan said that the investment is expected to be able to create quality jobs. In addition, the investment is also expected to be able to be a driving force for national economic growth.
“Especially in order to achieve economic growth of 8 percent in 2029 as targeted by the Ministry of Bappenas,” he added.
Rosan also explained that industrial downstreaming will play a significant role in attracting investment to Indonesia. He hopes that the investment contribution to Gross Domestic Product (GDP), which is currently in the range of 24 to 25 percent, can increase even higher.
During the meeting, Rosan also reported the results of his visit to China, which succeeded in obtaining investment commitments of USD 7.46 billion from four companies. Several sectors that will receive the investment include fiber glass , solar panels, and fisheries.
“Like BYD, which has purchased land in the Subang area, it is hoped that investment for manufacturing will begin early next year,” said Rosan.
Apart from China, Indonesia also expects significant investment from the United States, the Middle East, and other countries. Although the target is quite high, Rosan emphasized the importance of cross-ministerial and institutional collaboration to achieve it.
“This is not an easy job, this is a very difficult job so cooperation and coordination from all related ministries are also expected,” said Rosan.
With this investment target, the government is optimistic that it can strengthen the national economy, create jobs, and ensure that Indonesia remains a competitive investment destination on the global stage.
Source: BPMI Presidential Secretariat, website of The President of The Republic of Indonesia
Photo: BPMI Setpres/Cahyo
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