JAKARTA - The Indonesian government is focusing on attracting\ninvestment into nine sectors ranging from industrial downstreaming and\nrenewable energy development to the construction of the Nusantara\nCapital (IKN) in East Kalimantan.<\/p>\n
\u201cIndonesia\u2019s investment policy prioritises strategic sectors aligned\nwith Sustainable Development Goals principles, which also hold\nsignificant potential to spur economic growth,\u201d said Deputy Minister of\nInvestment and Downstreaming\/Deputy Head of the Investment Coordinating\nBoard (BKPM) Todotua Pasaribu on Sunday, 26 May.<\/p>\n
Todotua added that the nine sectors comprise renewable energy\nutilisation, industrial downstreaming, food security, the semiconductor\nindustry, and digital economy and data centre development. Additionally,\ninvestment is being sought in export-oriented manufacturing, healthcare\nfacilities, IKN construction, and the education and vocational training\nsector.<\/p>\n
Renewable energy development is being pursued given that Indonesia\npossesses electrification potential of 3,687 gigawatts (GW) but has so\nfar harnessed only 13.1 GW. Investment in IKN is directed towards\ninfrastructure, education, hospitals, and hotels.<\/p>\n
Furthermore, Todotua said that to attract greater investor interest,\nthe government continues to simplify investment regulations, including\nrevising 79 rules consolidated under the Omnibus Law, centralising\ninvestment authority, and streamlining requirements for capital\ninvestment.<\/p>\n
The government is also offering incentives including tax holidays,\ntax allowances, import duty exemptions, and super tax deductions.<\/p>\n
Previously, Minister of Investment and Downstreaming\/Head of BKPM\nRosan Perkasa Roeslani announced that investment realisation in the\nfirst quarter of 2025 reached Rp465.2 trillion, up 15.9 per cent\nyear-on-year compared with Rp401.5 trillion in the first quarter of\n2024.<\/p>\n
Rosan said the first quarter 2025 investment realisation was in line\nwith the target set by the National Development Planning Agency\n(Bappenas) for the Ministry of Investment and Downstreaming.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/indonesia-targets-investment-in-nine-strategic-sectors-from-industrial-downstreaming-to-nusantara-capital-1771244026", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }