Japan Invests Rp 392 Trillion in Indonesia Despite Ongoing War

JAKARTA - The Minister of Investment and Downstreaming, Rosan Perkasa Roeslani, stated that the government has signed investments worth US$23.1 billion, or Rp 392 trillion (at an exchange rate of Rp 17,077 per US dollar), with the Japanese government and businesses.

Rosan said that this economic cooperation commitment reflects a high level of confidence from the Japanese government and businesses towards Indonesia.

This is because the world is currently facing geopolitical and geo-economic shocks.

“Despite the geopolitics occurring in the world today, international confidence, particularly from Japan, remains strong, and they are committed to carrying out investments in Indonesia going forward,” Rosan said in an official statement on Tuesday (31/3/2026).

According to Rosan, this MoU solidifies Japan’s position as one of the five largest investing countries in Indonesia.

His side noted that Japan has invested capital in Indonesia up to US$3.1 billion or Rp 51 trillion throughout 2025.

“So this proves that international confidence, in this case from Japan, both from the Japanese government and businesses, towards Indonesia remains strong,” Rosan stated.

Furthermore, there is cooperation between SMBC Aviation Capital and Danantara worth US$800 million or Rp 13 trillion.

In the MoU, the state-owned enterprise (BUMN) Pegadaian also received funding of Rp 5 trillion from Sumitomo Mitsui Banking Corporation.

The investment is intended to support financial inclusion and develop the gold ecosystem.

In addition, there is cooperation in the cosmetics and aesthetics sector between the Japanese company 2 Way World and partners in Indonesia worth US$500 million or Rp 8.5 trillion.

“Indeed, for renewable new energy, Japan has a very strong appetite,” he said.

The investment agreements were made amid President Prabowo Subianto’s state visit to Japan.