Indonesia Needs IDR 14,369 Trillion to Boost Growth to 8%

The Chief Executive Officer (CEO) of the Indonesia Investment Authority (INA), Oki Ramadhana, has stated that an investment of US$ 800 billion, or approximately Rp 14,369 trillion (assuming an exchange rate of Rp 17,962), is required to drive national economic growth to 8%.

Oki emphasised that achieving this investment target cannot be driven by domestic investors alone. According to him, assistance from foreign investors is also necessary to inject capital into Indonesia to meet these investment requirements.

“So our target, as I mentioned earlier, is up to 8% by 2029, and it needs US$ 800 billion for us to be able to grow at that level,” Oki stated during a media briefing in Jakarta on Wednesday (1/7/2026).

Oki explained that Foreign Direct Investment (FDI) can facilitate technology projects and strengthen industrial capabilities. Furthermore, FDI is claimed to be capable of creating jobs, improving export performance, and developing infrastructure.

“Therefore, FDI will become a very important catalyst for us to become a much faster-growing country in the world,” he explained.

Oki noted that Indonesia possesses a strong economic foundation to attract foreign direct investors, as Indonesia’s economic growth remains above the global average with inflation being well-maintained.

He added that Indonesia’s economic fundamentals are no longer a concern for foreign investors. He observed this fact while visiting several global investors in the United States, including the Global Infrastructure Fund.

“They actually looked at the last two years; they reviewed more than a dozen, around 25-30 opportunities that they have reviewed in Indonesia. Therefore, they are very keen and very proactive in looking at opportunities in Indonesia. This is truly extraordinary—the way global investors are actually looking at Indonesia,” he concluded.