Yesterday's Economy: From Hajj Village to Investment Realisation
Jakarta (ANTARA) - There were five interesting economic news stories aired on Thursday (23/4), which remain relevant to read today, such as the issue of the Hajj Village being developed by Danantara to the matter of investment realisation entering Indonesia in the first quarter of 2026.
Here is a summary of the news:
Hajj Village, Danantara Targets Land 400 Metres from Masjidil Haram
The President’s Special Envoy for Energy and Environment, Hashim Djojohadikusumo, stated that the Chief Executive Officer (CEO) of Danantara Indonesia, Rosan Roeslani, is targeting the purchase of land 400 metres from Masjidil Haram.
“This month, Mr Rosan of Danantara is bidding against several dozen competitors to secure land 400 metres from Masjidil Haram,” said Hashim at the 2026 Economic Briefing held in Jakarta on Thursday.
Ministry of Agriculture Targets 3.04 Million Tonnes of White Crystal Sugar Production in 2026
The Ministry of Agriculture (Kementan) targets white crystal sugar (GKP) production to reach 3.04 million tonnes this year, with the national existing sugarcane harvest area spanning 576,538 hectares.
“Synergy between the government, state-owned enterprises, private sector, sugarcane farmers, and all stakeholders is the key to realising comprehensive national sugar self-sufficiency, both for consumption and industry,” said the Director of Annual and Perennial Crops at Kementan, Abdul Roni, in Surabaya on Thursday.
Danantara Targets $30 Billion Energy Investment to Singapore
The Investment Management Agency (BPI) Danantara is targeting involvement in a renewable energy cooperation project with Singapore, with the project investment value estimated at $30 billion or approximately Rp518.74 trillion.
Danantara’s Chief Investment Officer (CIO), Pandu Sjahrir, said that investor interest in the green electricity supply project is quite significant. The project includes the construction of solar panel infrastructure and cross-border transmission networks.
Coordinating Minister Airlangga Predicts 5.5% Economic Growth in Q1 2026
Coordinating Minister (Menko) for the Economy, Airlangga Hartarto, predicts that Indonesia’s economy will grow by 5.5% in the first quarter of 2026.
“Although still awaiting the release from BPS (Statistics Indonesia), we have predicted several times that the growth in the first quarter is fundamentally quite good, and the figure is greater than or equal to 5.5%,” said Menko Airlangga during a press conference at the Office of the Ministry of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) RI in Jakarta on Thursday.
BKPM Records Q1 2026 Investment Realisation of Rp498.8 Trillion
The Ministry of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) recorded an investment realisation of Rp498.8 trillion for the first quarter of 2026.
Minister of Investment and Downstreaming/Head of BKPM, Rosan Roeslani, said during a press conference in Jakarta on Thursday that this figure rose 7.2% year-on-year (yoy), compared to last year’s realisation of Rp465.2 trillion.