Indonesia's 2019 Investments Absorbed 330,500 Workers
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Indonesia's total workforce absorption from investment in Q4 2019 reached 300,539. This figure represents a 55.5 percent increase compared to Q3 2019 (212,581) and a 29.5 percent increase compared to Q4 2018 (255,239). Domestic investment (PMDN) contributed the most, employing 171,629 workers, while foreign investment (PMA) employed 158,910.
Last year's investment realization exceeded the target, reaching Rp 809.6 trillion against a target of Rp 792 trillion. This represents an increase compared to previous years. This investment increase is in line with the rise in workforce absorption in Q4 2019, marking the first increase after a decline since 2016.
"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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