Indonesia Requires Rp13,032 Trillion in Investment to Achieve 8 Per Cent Growth Target by 2029
Indonesia requires investment realisation of up to Rp13,032 trillion during the 2025-2029 period to achieve its target of 8 per cent economic growth by 2029. This information was conveyed directly by Riyatno, Deputy for Investment Climate Development at the Ministry of Investment/BKPM.
"To increase towards the 8 per cent target, from 2025 to 2029 it turns out that investment of Rp13,032.8 trillion is needed," said Riyatno at the Grab Business Forum 2025 at the Fairmont Hotel, Jakarta, on Thursday (8 May).
According to him, the realisation of this substantial investment would create 3.47 million jobs. Employment creation would be spread across both Java and outside Java.
To achieve the target, investment realisation in 2025 must reach Rp1,905 trillion, whilst the 2026 investment target is set at Rp2,175 trillion. The government is subsequently targeting investment of Rp2,567 trillion in 2027, rising sharply to Rp2,969 trillion in 2028, and reaching Rp3,414 trillion in 2029.
"So the target is extraordinarily large — the previous 10-year figure was still smaller compared with the 5-year target for 2025-2029," he stressed.
To achieve the investment target, the government continues to simplify the granting of business permits for both foreign and domestic investors. The government has developed the Online Single Submission (OSS) system, an integrated licensing platform.
Riyatno said the strategy has successfully boosted Indonesia's investment ease ranking. According to The World Competitiveness Index, Indonesia is ranked 27th globally, making it the third-highest in Southeast Asia after Singapore and Thailand in terms of investment ease.
"And now, thankfully, in 2024 we are number 27 — this means we have risen 7 points from our 2023 ranking of 37th," he concluded.
"To increase towards the 8 per cent target, from 2025 to 2029 it turns out that investment of Rp13,032.8 trillion is needed," said Riyatno at the Grab Business Forum 2025 at the Fairmont Hotel, Jakarta, on Thursday (8 May).
According to him, the realisation of this substantial investment would create 3.47 million jobs. Employment creation would be spread across both Java and outside Java.
To achieve the target, investment realisation in 2025 must reach Rp1,905 trillion, whilst the 2026 investment target is set at Rp2,175 trillion. The government is subsequently targeting investment of Rp2,567 trillion in 2027, rising sharply to Rp2,969 trillion in 2028, and reaching Rp3,414 trillion in 2029.
"So the target is extraordinarily large — the previous 10-year figure was still smaller compared with the 5-year target for 2025-2029," he stressed.
To achieve the investment target, the government continues to simplify the granting of business permits for both foreign and domestic investors. The government has developed the Online Single Submission (OSS) system, an integrated licensing platform.
Riyatno said the strategy has successfully boosted Indonesia's investment ease ranking. According to The World Competitiveness Index, Indonesia is ranked 27th globally, making it the third-highest in Southeast Asia after Singapore and Thailand in terms of investment ease.
"And now, thankfully, in 2024 we are number 27 — this means we have risen 7 points from our 2023 ranking of 37th," he concluded.