Investment in Indonesia Reaches IDR 498.8 Trillion, Singapore Remains Top Investor

The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) successfully recorded a massive investment realisation of IDR 498.8 trillion in the first quarter of 2026. This strategic achievement grew 7.2 percent year-on-year (yoy) and secured 24 percent of this year’s national investment target, a performance achieved amidst global geopolitical uncertainty.

The robust capital injection provided an immediate positive shock to the real sector by absorbing 700,000 direct workers, a surge of 18 percent year-on-year. This figure reportedly does not yet account for the indirect informal job creation within the supporting ecosystems surrounding the investment projects.

Minister of Investment and Downstreaming/Head of BKPM, Rosan Perkasa Roeslani, explained that the national economic growth engine was supported by a solid structural balance. He noted that the portfolios of Domestic Investment (PMDN) and Foreign Investment (PMA) moved in tandem. PMDN contributed 49.9 percent, or IDR 248.8 trillion, growing 6.0 percent year-on-year, while PMA contributed 50.1 percent, or IDR 250.0 trillion.

From a regional perspective, areas outside Java slightly led the investment distribution map with a 50.4 percent share, valued at IDR 251.3 trillion. Java contributed 49.6 percent, or IDR 497.5 trillion. Five provinces outside Java successfully climbed to the top national positions, led by Central Sulawesi (6.4 percent), North Maluku (5.0 percent), Riau Islands (4.8 percent), West Nusa Tenggara (3.6 percent), and East Kalimantan (3.2 percent).

Regarding the origin of foreign capital, Rosan stated that Singapore remains unshakeable as the largest investor base in the country, followed by capital flows from China, the United States, and Japan. He detailed that Singapore led with USD 4.6 billion, followed by China with USD 2.7 billion, the United States with USD 2.2 billion, and Japan with USD 1 billion. Outside Asia, the United Kingdom, the Netherlands, and Australia were also in the top ten positions, demonstrating that investment sources remain well-verified and cross-continental, with Europe and North America each contributing 10 percent.