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Indonesia expects over 805 billion USD in investment over next five years

Indonesia’s Minister of Investment and Downstream Policy Rosan Roelani has announced that the country expects to receive 13.032 trillion IDR (805.73 billion USD) in investment during the 2025–2029 period.

A view of Jakarta (Photo: Antara)
A view of Jakarta (Photo: Antara)

Jakarta (VNA) - Indonesia’s Minister of Investment and Downstream Policy Rosan Roelani has announced that the country expects to receive 13.032 trillion IDR (805.73 billion USD) in investment during the 2025–2029 period.

This influx of investment is projected to generate significant employment opportunities while boosting the country’s economic growth.

Roelani emphasised that the Indonesian government has set an investment target of over 1.9 trillion IDR (117.78 billion USD) for 2024, aiming to reach 3.41 trillion IDR (211.02 billion USD) by 2029. The government envisions achieving an economic growth rate of 8% by then.

The minister highlighted the necessity of collaboration among government ministries to achieve these ambitious investment targets. He also revealed discussions with President Prabowo Subianto, regarding strategies to increase the contribution of investment projects to Indonesia’s GDP, which currently stands at 24–25%.

During a working visit to China in late December 2024, Roelani secured investment agreements worth 7.46 billion USD from four Chinese companies.

Indonesia is preparing to host representatives from US tech giant Apple on January 7, who are expected to provide details on their potential investments in the country.

This series of initiatives reflects Indonesia’s proactive approach to strengthening its economic foundation and positioning itself as an attractive destination for global investors./.

VNA
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