New Record: 2022 Investment Realization Surpasses Rp1,200 Trillion

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Cindy Mutia Annur 25/01/2023 14:40 WIB

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BKPM reports that investment realization throughout 2022 reached Rp1,207.2 trillion, the highest in the history of the Republic of Indonesia.

Annual Investment Realization in Indonesia (2017-2022)

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Annual Investment Realization in Indonesia (2017-2022)

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Investment Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia stated that investment realization throughout 2022 reached Rp1,207.2 trillion.

This realization increased by 34% year-on-year (yoy), setting a new record high.

"This is one of the largest investment growths for Indonesia in history," said Bahlil in a press conference on Tuesday (24/1/2023).

In detail, investment realization from foreign direct investment (FDI) reached Rp654.4 trillion, contributing 54.2% to the total realization. This achievement grew by 44.2% year-on-year (yoy).

Then, investment realization from Domestic Direct Investment (DDI) reached Rp552.8 trillion, contributing 23.6%. This figure grew by 23.6% from the previous year (yoy).

By sector, the largest investment realization in 2022 went to the basic metal industry, metal goods, excluding machinery and equipment, with a value of Rp171.2 trillion.

Then, the mining industry received Rp136.4 trillion in investment; transportation, warehousing, and telecommunications Rp134.3 trillion; housing, industrial estates, and offices Rp109.4 trillion; and the chemical and pharmaceutical industry Rp93.6 trillion.

Regionally, the most dominant investment went to West Java with a value of Rp174.6 trillion. Followed by DKI Jakarta Rp143 trillion, Central Sulawesi Rp111.2 trillion, East Java Rp110.3 trillion, and Riau Rp82.5 trillion.

Investment realization throughout 2022 has reached 100.6% of the initial target of Rp1,200 trillion. For 2023, the Indonesian government is targeting a 16.66% (yoy) increase in investment realization from last year's target, reaching Rp1,400 trillion.

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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New Record: 2022 Investment Realization Surpasses Rp1,200 Trillion

New Record: 2022 Investment Realization Surpasses Rp1,200 Trillion

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New Record: 2022 Investment Realization Surpasses Rp1,200 Trillion

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