Foreign Investment Enters RI Capai Rp204.4 Trillion, Bahlil: The Realm Of Jokowi's Government's Trust

Investment Minister Bahlil Lahadalia (Photo: Mery Handayani/VOI)

JAKARTA - Foreign investment (PMA) in the first quarter of 2024 reached IDR 204.4 trillion. This foreign investment contributed 50.9 percent of the total investment entered that period.

Investment Minister Bahlil Lahadalia said that the realization grew 15.5 percent compared to the same period last year or year on year (yoy). Meanwhile, when compared to the previous quarter, there was an increase of 10.9 percent.

"The PMA is 50.9 percent or equivalent to Rp204.4 trillion. Thank God this is a manifestation of global trust in Indonesia under the leadership of President Jokowi," he said at a press conference at the BKPM Office, Jakarta, Monday, April 29.

"Imagine the world in uncertain economic conditions, there is no certainty, but our foreign direct investment is still maintained," he continued.

Bahlil said that this realization could be achieved thanks to cooperation with all parties. He said, even though there are general elections in the country (elections), Indonesia can convince investors to keep their capital.

For your information, usually when political conditions in the country are volatile, investors tend to choose to withhold their investment. Including foreign investors.

"This happened because of a good collaboration between the direction of the president, the direction of the Coordinating Minister and the ministry of technical ministries including our ministry," he explained.