Heaptalk, Jakarta — The Ministry of Investment Ministry (BPKM) released realization investment report in H1 2024. According to Investment Minister, Bahlil Lahadalia, the investment in the first half reached Rp829.9 trillion or nearly USD50billion.
“Until today, we have achieved 50.3% from our total target of Rp1,620 trillion. Thank God,” stated Bahlil during the press conference of investment realization on Monday (07/29).
According to Bahlil, this number derives from foreign investment of Rp421.7 trillion and the domestic investment of Rp408.2 trillion.
“The number of foreign investment jump by 16.1% yoy while from the domestic investment rise by 29.4% yoy Perceiving this number, we can conclude that both the national and foreign investors still trust us. Thus, the number of foreign investment and domestic investment are balanced,” added Bahlil.
The tremendous investment is scattered to Java (Rp413.7 trillion) and outside Java (Rp416.2 trillion) in Q2 2024. This investment also provides jobs to 1,225,042 people.
“We still have to boost this number. In Java, the presence of toll road brings significant impact to which influence investor’s decision as the logistic cost will decrease. For example, in Batang,18 investment has entered to the region because the location is only 380 meters from toll road.
Bahlil, further, explained that the top 5 foreign investors derives from Singapore (USD8.9 billion), China (USD3.9 billion), Hongkong (USD3.8 billion), the US (USD2 billion), and Japan (USD1.8 billion).
