These Are the Top 5 Indonesian Regions Targeted by Investors in Q2 2023: Who's Number One?

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Cindy Mutia Annur 25/07/2023 17:19 WIB

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West Java was the province that absorbed the largest investment throughout the second quarter of 2023, reaching Rp53.7 trillion, or 15.34% of total national investment realization.

Top 5 Provinces with the Highest Realized Domestic and Foreign Investment (Q2 2023)

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These Are the Top 5 Indonesian Regions Targeted by Investors in Q2 2023: Who's Number One?

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Top 5 Provinces with the Highest Realized Domestic and Foreign Investment (Q2 2023)

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A report from the Indonesian Investment Ministry, or the Investment Coordinating Board (BKPM), shows that investment realization in Indonesia in Q2 2023 reached Rp349.89 trillion, a 15.7% year-on-year (yoy) increase.

West Java was the province with the highest investment realization in Indonesia from April to June 2023, reaching Rp53.7 trillion, or 15.34% of the total national investment realization. This high figure highlights West Java's attractiveness to investors.

DKI Jakarta ranked second as the most sought-after province for investors, with Rp43 trillion in realized investment, followed by East Java with Rp31.1 trillion, Central Sulawesi with Rp26.6 trillion, and Banten with Rp24.9 trillion.

Foreign Direct Investment (FDI) still dominated Indonesian investment in Q2 2023, reaching Rp186.3 trillion or 53.3% of total investment. This figure grew by 14.2% yoy.

Meanwhile, Domestic Direct Investment (DDI) realized Rp163.5 trillion, or 46.7% of all incoming investment. This realization increased by 17.6% yoy.

According to the BKPM, investment realization in Indonesia in Q2 2023 also successfully absorbed 464,289 direct workers.

Editor : Erlina Fury Santika

"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."

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These Are the Top 5 Indonesian Regions Targeted by Investors in Q2 2023: Who's Number One?

These Are the Top 5 Indonesian Regions Targeted by Investors in Q2 2023: Who's Number One?

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These Are the Top 5 Indonesian Regions Targeted by Investors in Q2 2023: Who's Number One?

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