{
    "success": true,
    "data": {
        "id": 1822632,
        "msgid": "investment-ministry-reveals-investment-and-downstreaming-achievements-towards-8-economic-growth-1782355885",
        "date": "2026-06-25 09:26:49",
        "title": "Investment Ministry Reveals Investment and Downstreaming Achievements Towards 8% Economic Growth",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Economy",
        "summary": "The Deputy Minister of Investment and Downstreaming has detailed the government's progress in attracting investment and advancing downstream industries to meet the ambitious target of 8% economic growth. The Investment Coordinating Board (BKPM) noted that investment contributed 29% to national economic growth in 2026, prompting a continued push for improved licensing and downstreaming across various sectors. Challenges remain, however, including Indonesia's high Incremental Capital Output Ratio (ICOR), which indicates lower efficiency compared to regional peers like Vietnam.",
        "content": "<p>The Deputy Minister of Investment and Downstreaming\/Deputy Head of\nBKPM, Todotua Pasaribu, has shared updates on the progress and\nachievement of investment and downstreaming targets aimed at reaching an\n8% economic growth target and 13,000 trillion IDR in realised investment\nover the five-year term of the Prabowo-Gibran administration.<\/p>\n<p>BKPM noted that by 2026, investment contributions have accounted for\n29% of national economic growth. Consequently, BKPM continues to drive\nefforts to increase investment realisation by creating a favourable\ninvestment climate, improving licensing services, and promoting\ndownstream industries in the mining, plantation, and forestry sectors,\nas well as oil and gas, fisheries, marine sectors, and new and renewable\nenergy (EBT) businesses.<\/p>\n<p>On the other hand, Indonesia\u2019s efforts to attract investment face\nseveral challenges related to the country\u2019s high Incremental Capital\nOutput Ratio (ICOR) score, which remains in the 6.3-6.5 range. This is\nlinked to Indonesia\u2019s relatively low efficiency compared to other ASEAN\nnations such as Vietnam.<\/p>\n<p>In an effort to attract investment and drive downstream projects, the\nMinistry of Investment is implementing several strategies, including\nsimplifying licensing through the Online Single Submission (OSS)\nplatform.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/investment-ministry-reveals-investment-and-downstreaming-achievements-towards-8-economic-growth-1782355885",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}