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Jakarta (ANTARA) – President Prabowo Subianto received a report showing Indonesia’s first quarter investment reached Rp498.79 trillion or US$30.4 billion, exceeded the quarterly target of Rp497 trillion and signaled sustained investor confidence in Southeast Asia’s largest economy.
Investment Minister Rosan Perkasa Roeslani said the total marked a 7.22 percent year on year increase.
The realized projects generated 706,569 jobs which represents an 18.93 percent increase from the previous year.
This performance underscores the government’s push to link capital inflows with employment growth, he told reporters after meeting with President Prabowo in Jakarta on Tuesday evening,.
Roeslani said domestic and foreign investment contributions were nearly equal reflecting balanced participation across industrial and services sectors.
Domestic investment accounted for 49.89 percent of the total while foreign direct investment reached Rp249.94 trillion during the January to March period.
Investment was slightly concentrated outside Java which drew 50.37 percent of inflows while Java accounted for 49.63 percent.
Singapore remained the largest foreign investor with US$4.6 billion followed by Hong Kong and China.
The United States and Japan also contributed significantly to the total foreign investment with US$1.7 billion and US$1 billion respectively.
Key sectors attracting capital included basic metals and metal goods manufacturing, other services, mining, housing, industrial estates, transportation, warehousing and telecommunications, highlighting Indonesia’s focus on downstream industries and infrastructure.
Roeslani said investment targets have risen sharply reflecting the administration’s ambition to accelerate economic transformation through higher capital formation.
Over the past decade from 2014 to 2024, Indonesia recorded roughly Rp9,100 trillion in total realized investment, providing a baseline for future expansion. For the 2025 to 2029 period the national development planning agency has set a target exceeding Rp13,000 trillion.
Despite these higher targets the minister said recent performance suggests Indonesia remains on track supported by policy continuity and investor interest in resource processing and domestic market growth.
The government aims to sustain momentum by improving the investment climate and ensuring projects translate into broader economic gains, including job creation and regional development.
Translator: Genta TM, Rahmad Nasution
Editor: Arie Novarina
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Link to article: https://en.antaranews.com/news/413239/indonesias-q1-investment-tops-target-jobs-rise
