Indonesian Political, Business & Finance News

Singapore Remains Indonesia's Largest Foreign Investor with US$4.6 Billion in Q1 2025

| Source: GALERT
JAKARTA — Minister of Investment and Downstreaming/Head of BKPM Rosan Perkasa Roeslani stated that Singapore remains Indonesia's largest foreign investor, with investment realisation in the first quarter of 2025 reaching approximately US$4.6 billion or around Rp77.6 trillion, at an exchange rate of Rp16,870 per US dollar.

In second place, the largest foreign investment flowing into Indonesia came from Hong Kong with a realisation of US$2.2 billion or approximately Rp37.1 trillion, followed by China at US$1.8 billion or around Rp30.4 trillion, Malaysia at US$1 billion or approximately Rp16.9 trillion, and Japan at US$1 billion.

"Singapore has provided the largest contribution, still, and this has been the case for the past 10 years — Singapore has been the biggest investor in Indonesia," said Rosan during a press conference announcing Q1 2025 investment realisation at the Presidential Office, Presidential Palace, Jakarta, on Wednesday evening, as reported by Antara.

Rosan announced the investment realisation figures following a limited meeting with President Prabowo Subianto. Total investment realisation for Q1 2025, comprising both foreign direct investment (FDI) and domestic investment (PMDN), reached Rp465.2 trillion. Of that amount, foreign direct investment accounted for Rp230.4 trillion or 49.5 per cent of total Q1 2025 investment realisation, whilst domestic investment reached Rp234.8 trillion or 50.5 per cent.

On the domestic front, Rosan continued, the largest investment came from the Jakarta region, accounting for 15 per cent of total domestic investment in Q1 2025 at Rp69.8 trillion, followed by West Java at Rp68.5 trillion (14.7 per cent), East Java at Rp36 trillion (7.8 per cent), Central Sulawesi at Rp32.7 trillion (7 per cent), and Banten at Rp31 trillion (6.7 per cent).

"In terms of sectors, the top five were basic metals, metal goods excluding machinery and equipment, smelters and others at 14.5 per cent, followed by 14.3 per cent in transportation, warehousing and telecommunications. Then mining at 10.4 per cent, other services at 8.8 per cent, and industrial estates and office space at 8.1 per cent or Rp37.5 trillion," Rosan added.

Rosan assessed that Q1 2025 investment realisation was quite positive as it aligned with targets set by the National Development Planning Agency (Bappenas) for the Ministry of Investment and Downstreaming.

He considered the investment realisation over the past three months demonstrated investor confidence in Indonesia and in the leadership of President Prabowo Subianto.

"These are very encouraging figures. They also demonstrate the conviction and confidence of both the international community and domestic investors in investing in Indonesia, which remains well-maintained, as we all know that investment is a long-term commitment," he said.
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