According to data from the Indonesian Investment Coordinating Board (BKPM), the value of foreign direct investment (FDI) in the electricity, gas, and water sector in Maluku in 2023 was recorded at US$4,000. This figure is down compared to the previous year, which was recorded at US$2,000. Since 2005, the value of FDI in the electricity, gas, and water sector in Maluku province has shown an upward trend in terms of quantity. Then, after the COVID-19 pandemic ended, for the last three years, the value of FDI in the electricity, gas, and water sector by province has also been on an upward trend.
Previously, according to the record of the last six years, the highest growth in Maluku occurred in 2015, with FDI in the electricity, gas, and water sector reaching US$4,000. With this growth record, it is evident that the value of FDI in the electricity, gas, and water sector has continued to strengthen over the past six years.
DKI Jakarta recorded the highest FDI value in the electricity, gas, and water sector at US$14.7 million. In this province, the BKPM recorded a 70.37% year-on-year increase. North Sumatra is in second place. Compared to the same period the previous year, FDI in the electricity, gas, and water sector in this province grew by 2.17%. In the same period the previous year, FDI in the electricity, gas, and water sector in this province was recorded at US$46,000.
Furthermore, FDI in the electricity, gas, and water sector in Banten increased by 60.71% to US$45,000 compared to the same period the previous year, Aceh with FDI of US$40,000 (up 37.93%), and West Java with FDI increasing by 11.76% to US$38,000 compared to the same period the previous year.
The following are the ten provinces with the highest FDI in the electricity, gas, and water sector in 2023:
* DKI Jakarta US$14.7 million
* North Sumatra US$47,000
* Banten US$45,000
* Aceh US$40,000
* West Java US$38,000
* Riau Islands US$32,000
* South Sulawesi US$27,000
* Riau US$20,000
* Bali US$20,000
* Central Java US$19,000