Realization Of Investment Semester I-2023 Capai Rp668.7 Trillion, 48.5 Percent Of The Target

Financial illustration (Photo: Antara)

Investment realization during the first semester of 2023 reached IDR 668.7 trillion. This amount reached 48.5 percent of the target set by President Jokowi of IDR 1,400 trillion.

In a statement by the Ministry of Investment/Investment Coordinating Board (BKPM) noted, the realization of investment realization in Semester I-2023 grew 16.1 percent compared to the achievement in the previous period and absorbed 849,181 people. "So thank God, my body is no longer short. God willing, I will be optimistic, because we have finished one semester, this can reach Rp1,400 trillion. God willing, please pray," said the Minister of Investment/Head of BKPM Bahlil Lahadalia at a press conference in Jakarta, Friday. Throughout January-June 2023, the realization of Foreign Investment (PMA) reached IDR 363.3 trillion (53.5 percent) and the realization of Domestic Investment (PMDN) reached IDR 315.4 trillion (46.5 percent). The investment project in the first half of 2023 is mostly spread in West Java, DKI Jakarta, East Java, Central Sulawesi and Banten. Realization of investment in Semester I 2023 is spread across the basic metal industry sector, metal goods, not machinery and equipment; transportation, warehouses and telecommunications; mining; housing, industrial and office areas; as well as the chemical and pharmaceutical industries. Singapore, China, Hong Kong, Japan and the United States are listed as the top five countries with the most investments in Indonesia during Semester I 2023. In detail, investment realization achievements throughout the second quarter of 2023 reached IDR 349.8 trillion or grew 15.7 percent compared to the achievement in the same period in the previous year of IDR 302.2 trillion. (yoy). This achievement also recorded a growth of 6.3 percent compared to the previous quarter's achievement of IDR 328.9 trillion (q on q) with a total employment absorption of 464.289 people. "I am grateful even though our condition is entering the political year but the trust (trust) is global, domestic entrepreneurs are still there for the development of our country," he said. Furthermore, investment realization for the second quarter of 2023 consists of Domestic Investment (PMDN) of IDR 163.5 trillion, grew 17.6 percent yoy, and Foreign Investment (PMA) amounted to Rp186.3 trillion, or grew 14.2 percent yoy. On proportion, PMA reached 53.3 percent of the total investment realization. Meanwhile, PMDN occupies 46.7 percent. "Indonesia is still one of the destination countries for investors to invest," he said.

Bahlil said that although PMA's achievement was higher, he noted that the realization of PMDN grew significantly. He also assessed that the high achievement of PMA reflects that although the global economy is not yet in a normal position, global trust in President Jokowi's leadership is still very strong. Based on the project location, investment realization in the second quarter of 2023 spread across West Java, DKI Jakarta, East Java, Central Sulawesi and Banten. The distribution of the sector is transportation, warehouses and telecommunications; the basic metal industry, metal goods, not machinery and equipment; mining; housing, industrial and office areas; as well as electricity, gas and water. The five countries that have invested the most in Indonesia throughout the April-June 2023 period in sequence are Singapore, China, Hong Kong, Japan, and Malaysia.