Record: Singaporean Investment in Indonesia Reaches US$10 Billion in 2022

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Cindy Mutia Annur 10/01/2023 18:20 WIB

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According to the BKPM report, Singapore's investment realization in Indonesia reached US$10.54 billion in 2022, the highest in the last decade.

Singaporean Investment Realization in Indonesia (2012-2022)

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Singaporean Investment Realization in Indonesia (2012-2022)

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The Indonesian Investment Coordinating Board (BKPM) reported that Singapore's investment realization in Indonesia reached US$10.54 billion in 2022.

This figure represents a 12.24% year-on-year (yoy) increase, marking the highest record in the last decade.

The trend of Singaporean investment in Indonesia has also been increasingly higher after the COVID-19 pandemic. Before the pandemic, investment values never exceeded US$9.2 billion, as shown in the graph.

Singapore remained the largest investor in Indonesia in 2022, followed by China, Hong Kong, Japan, and Malaysia.

Singapore also had 6,796 investment projects in Indonesia in 2022, the most compared to other countries. However, this number decreased compared to 2021, which reached 6,934 projects.

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."

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Record: Singaporean Investment in Indonesia Reaches US$10 Billion in 2022

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