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Indonesia’s palm oil industry becomes investment magnet

Palm oil was the third largest investment recipient of Indonesia during the first nine months, following nickel processing (136.1 trillion IDR) and copper (61.2 trillion IDR).

Harvesting palm oil in Kuta Makmur district of Aceh province, Indonesia. (Photo: AFP/VNA)
Harvesting palm oil in Kuta Makmur district of Aceh province, Indonesia. (Photo: AFP/VNA)

Jakarta (VNA) – Indonesia’s palm oil sector attracted 52.7 trillion IDR or approximately 3.2 billion USD in investment during the first nine months of this year, with the money going into enabling the country to capture more value out of its top commodity, the country’s Ministry of Investment reported.

Investment Minister Rosan Roeslani said palm oil was the third largest investment recipient, following nickel processing (136.1 trillion IDR) and copper (61.2 trillion IDR).

Palm oil-related investments have been witnessing quarterly growth. About 21 trillion IDR in fresh investments went into Indonesia’s palm oil downstream sector in the third quarter of 2025 alone, up from 16.4 trillion IDR seen in the second quarter and nearly 15.3 trillion IDR in the first quarter.

According to Rosan, the figures were not mere pledges but actually reflected how much money the businesses had actually spent.

The archipelago nation exported 16.66 billion IDR worth of crude palm oil and processed products between January and August this year, soaring 35.23% year-on-year, data by the Central Statistics Agency showed.

The country attracted over 1.43 quadrillion IDR in overall investments between January and September, 55.1% of which came from local investors./.

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