Indonesian Political, Business & Finance News

BKPM States Central Java is Becoming a New Magnet for National Investment

| | Source: RADIOIDOLA.COM Translated from Indonesian | Investment
BKPM States Central Java is Becoming a New Magnet for National Investment
Image: RADIOIDOLA.COM

Semarang - Central Java holds a strategic position in supporting the national investment targets. Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu stated that amid global uncertainties due to geopolitical conflicts and a slowdown in the world economy, Indonesia continues to demonstrate strong economic resilience. He made these remarks while attending the Central Java Investment Business Forum (CJIBF) 2026 in Semarang on Monday (11/5). According to Todotua, the investment forum organised by the Central Java Representative Office of Bank Indonesia serves as an important momentum to bring together the government, business actors, and the MSME sector in strengthening regional economic growth. Todotua explained that the theme of strengthening investment and small and medium industries, focused on green renewable energy and sustainable growth, is highly relevant to the current national development direction. This is because investment not only functions to boost economic growth but must also be able to create added value, open up employment opportunities, strengthen the domestic industry, and empower MSMEs. “In the first quarter of 2026, national economic growth was recorded at 5.61 percent. Investment contributes around 28 to 29 percent to national economic growth. Therefore, the continuity of investment is very important,” said Todotua. Furthermore, Todotua explained that the government targets a total national investment realisation of Rp13 quadrillion during the 2025-2029 period to support an 8 percent economic growth target. In the first quarter of 2026, national investment realisation reached Rp498.8 trillion, with the absorption of 706,569 new workers. Specifically for Central Java, this province ranks sixth nationally in 2025 investment realisation with a value approaching Rp100 trillion. Meanwhile, in the first quarter of 2026, investment realisation in Central Java has reached around Rp23 trillion. “Central Java’s figures are very good. If managed well, its investment achievements are still very measurable and the potential is still great,” he concluded.

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