West Java, the Province with the Highest Investment in 2022

Economics & Macro

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Cindy Mutia Annur 26/01/2023 15:10 WIB

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West Java was the largest recipient of investment throughout 2022, reaching Rp 174.6 trillion or 14.46% of total national investment realization.

Top 5 Provinces with the Highest Realization of Domestic (PMDN) and Foreign (PMA) Investment (2022)

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West Java, the Province with the Highest Investment in 2022

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Top 5 Provinces with the Highest Realization of Domestic (PMDN) and Foreign (PMA) Investment (2022)

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The Indonesian Investment Ministry or the Investment Coordinating Board (BKPM) recorded that investment realization in Indonesia throughout 2022 reached Rp1,207.2 trillion, a 34% increase compared to the previous year (year-on-year/yoy).

West Java was the province that absorbed the largest investment throughout 2022, reaching Rp174.6 trillion or 14.46% of the total national investment realization.

DKI Jakarta ranked second with investment realization of Rp143 trillion, followed by Central Sulawesi at Rp111.2 trillion, East Java at Rp110.3 trillion, and Riau at Rp82.5 trillion.

Meanwhile, the value of foreign direct investment (FDI) in Indonesia in 2022 grew by 44.2% (yoy) to Rp654.4 trillion, contributing 54.2% to the total national investment realization.

The province that absorbed the largest foreign investment was Central Sulawesi, with a proportion of 16.4% of the total FDI realization. This was followed by West Java (14.3%), North Maluku (9.8%), DKI Jakarta (8.2%), and Banten (7.5%).

Furthermore, the value of Domestic Investment (PMDN) grew by 23.6% (yoy) to Rp552.8 trillion, contributing 23.6% to the total national investment realization.

DKI Jakarta was the province that absorbed the most domestic investment, with a contribution of 16.1% of the total PMDN realization. This was followed by West Java (14.6%), East Java (11.8%), Riau (7.8%), and East Kalimantan (7.2%).

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."