The Top 10 Countries Investing In Indonesia Are Evenly From Various Parts Of The World, But No Russia

Investment Minister Bahlil Lahadalia (Photo: Doc. Antara)

JAKARTA - Investment Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia emphasized that the realization of investment in Indonesia is evenly distributed from various parts of the world, not controlled by one particular country.

Bahlil in his presentation on online investment realization in Jakarta, Wednesday, April 27, explained that throughout the first quarter of 2022, Singapore was still the country with the most investment in Indonesia with US$3.6 billion.

"Singapore, I don't get tired of saying don't be fooled by data about this country of origin. Because of Singapore, I'm not sure that this is all Singaporean's money. Singapore is just a hub," he said, quoted by Antara.

In second place, there is Hong Kong with realized investment of 1.5 billion US dollars. Followed by China with 1.4 billion US dollars and Japan with 800 million US dollars and the United States with 600 million US dollars.

"Japan and the US did not enter the top five in the first quarter of last year. But since the fourth quarter of 2021 they have entered and their position is stable. So it is evenly distributed, different from the assumption that investment in our country is only controlled by one particular country," he said.

Not only from the continents of Asia and America, Indonesian investment is also a destination for a number of European countries. Call it England and the Netherlands who entered in positions eight and ten.

British investment during January-March 2022 reached 228.4 million US dollars while Dutch investment reached 178 million US dollars.

"Last year there was Switzerland, now England and the Netherlands. So it has started to spread evenly," he said.

The Ministry of Investment/Investment Coordinating Agency (BKPM) noted that investment realization in the first quarter of 2022 reached IDR 282.4 trillion, growing 28.5 percent from the same period the previous year of IDR 219.7 trillion.

Realization of investment in this period also recorded a growth of 16.9 percent compared to the previous quarter of Rp.241.6 trillion, so that it managed to record the highest growth in the last 10 years.

The realization of investment in the first quarter of 2022 of IDR 282.4 trillion has reached 23.5 percent of the target requested by President Jokowi of IDR 1,200 trillion this year.