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

Indonesia Investment Authority (INA) CEO Oki Ramadhana stated that an estimated US$800 billion, or approximately Rp 14,369 trillion, in investment is needed to drive national economic growth to 8%. He stressed that this investment target cannot be met by domestic investors alone, requiring significant foreign capital injection. ‘Our target, as I mentioned, is up to 8% by 2029, and it needs US$800 billion for us to grow at that level,’ Oki said 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. He added that FDI also creates jobs, improves export performance, and supports infrastructure development. ‘So FDI becomes a very important catalyst for us to grow, to become a much faster growing country in the world,’ he explained. Oki said Indonesia has a good economic foundation to attract FDI, with economic growth above the global average and controlled inflation. He added that economic fundamentals are no longer an issue for foreign investors, a fact he observed during visits to global investors in the United States, including the Global Infrastructure Fund. ‘They look at the last two years, they look at more than a dozen, 25-30 opportunities that they have reviewed in Indonesia. So they are very keen and very proactive to look at opportunities in Indonesia. This is extraordinary, the way global investors look at Indonesia,’ he concluded.