{
    "success": true,
    "data": {
        "id": 1556112,
        "msgid": "targeting-8-per-cent-economic-growth-indonesia-requires-rp13-032-trillion-in-investment-1771239330",
        "date": "2025-05-08 15:37:37",
        "title": "Targeting 8 Per Cent Economic Growth, Indonesia Requires Rp13,032 Trillion in Investment",
        "author": null,
        "source": "GALERT",
        "tags": null,
        "topic": "Investment",
        "summary": "The Indonesian government is targeting total investment realisation of Rp13,032.8 trillion during the 2025\u20132029 period in order to achieve 8 per cent economic growth by 2029. Deputy for Investment Climate Development at the Ministry of Investment\/BKPM, Riyatno, conveyed this at the Grab Business Forum 2025 held at the Fairmont Hotel in Jakarta on Thursday (8 May).",
        "content": "<p>The Indonesian government is targeting total investment realisation\nof Rp13,032.8 trillion during the 2025\u20132029 period in order to achieve 8\nper cent economic growth by 2029.<\/p>\n<p>Deputy for Investment Climate Development at the Ministry of\nInvestment\/BKPM, Riyatno, conveyed this at the Grab Business Forum 2025\nheld at the Fairmont Hotel in Jakarta on Thursday (8 May).<\/p>\n<p>\u201cTo achieve 8 per cent economic growth, the investment required\nduring the 2025 to 2029 period is Rp13,032.8 trillion,\u201d said\nRiyatno.<\/p>\n<p>He explained that the total investment is projected to create up to\n3.47 million jobs spread across Indonesia, both on Java and beyond.<\/p>\n<p>The investment target will increase gradually each year. The\ngovernment is targeting Rp1,905 trillion in 2025, rising to Rp2,175\ntrillion in 2026. For 2027, the target is set at Rp2,567 trillion,\nclimbing to Rp2,969 trillion in 2028, and reaching its peak of Rp3,414\ntrillion in 2029.<\/p>\n<p>\u201cThe target is enormous. Over the next five years, the figure far\nexceeds the total investment of the past 10 years,\u201d he added.<\/p>\n<p>To support the achievement of these targets, the government continues\nto improve the investment climate in Indonesia, including through the\nsimplification of business licensing. One such effort is the development\nof the Online Single Submission (OSS) system, an integrated electronic\nbusiness licensing platform.<\/p>\n<p>Riyatno also noted that these policy reforms have successfully\nimproved Indonesia\u2019s ranking in global investment ease. According to The\nWorld Competitiveness Index 2024, Indonesia ranked 27th, up seven places\nfrom its previous position of 37th.<\/p>\n<p>\u201cThis year we are already at 27th in the world. This demonstrates\nsignificant improvement in ease of investment,\u201d he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/targeting-8-per-cent-economic-growth-indonesia-requires-rp13-032-trillion-in-investment-1771239330",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}