Menkraf: Enkraf Sector Investment Growth Reaches IDR 90.1 Trillion

Rupiah (Photo: Antara)

JAKARTA - Minister of Creative Economy (Menekraf) Teuku Riefky Harsya said that the growth of creative economy investment in Indonesia in the first semester of 2025 reached IDR 90.1 trillion.

The total investment until the first semester of 2025 has touched IDR 90.12 trillion, surpassing the previous year's achievement of IDR 64.22 billion. The medium-term target is projected to reach IDR 152.3 - IDR 183.7 trillion in 2029. This increase in investment reflects investor confidence in Indonesia's increasingly competitive economy ecosystem," said Ekraf Minister Teuku Riefky in his statement in Jakarta, Saturday.

Based on data from the Investment Coordinating Board (BKPM) processed by the Ministry of Creative Economy, the largest foreign investment in the first semester of 2025 came from Singapore with IDR 18.65 trillion. From the domestic side, DKI Jakarta is still the main goal with a surge in investment from IDR 18.14 trillion in 2024 to IDR 25.97 trillion in 2025.

Hal ini juga disampaikan Menekraf dalam rapat kerja (raker) Komisi VII DPR membahas rencana kerja dan anggaran Kementerian/Lembaga tahun anggaran 2026 pada Kamis (4/9).

The working meeting is a reflection momentum "A Year of Working, Moving Impact" for the Ministry of Creative Economy in strengthening the creative economy's contribution as a motor for national economic growth starting from the regions.

In the presentation of the 2025'2029 Main Performance Indicator (IKU) based on the National Medium-Term Development Plan (RPJMN), the Ministry of Creative Economy targets four main achievements: growth of Gross Domestic Product (GDP,) export value, labor absorption, and increased investment.

By 2024, GDP has grown 5.69 percent and is targeted to reach 6.12 percent by 2029.

Similar optimism was also seen in exports last year, based on Customs and Excise data reprocessed by the Ministry of Creative Economy, USD 25.1 billion was recorded in 2024 in the first semester of 2025 which reached 13 billion US dollars and is projected to consistently increase to 33 billion US dollars in 2029.

In terms of manpower, the creative economy sector has absorbed 26.5 million workers by 2024. This figure is projected to stabilize to 27.7 million workers by 2029.

Exports of ekraf sub-sectors in Semester I 2025 were dominated by fashion with 7.09 billion US dollars, crafts amounting to 5.01 billion US dollars, and culinarycurrencies reaching 767 million US dollars.

Market diversification has also begun to strengthen with shipments to Switzerland, Japan, and the United Arab Emirates increasing from 5.7 percent to 19.14 percent. This trend confirms the competitiveness of Indonesia's creative products which are increasingly accepted in various parts of the world.

With new program proposals such as the Empowerment of Creative Villages, Craft & Culinary Industry for MSMEs, Local Event & Festivals, Inclusive & Social Programs and seeing positive impacts in the midst of current challenges, the Ministry of Creative Economy proposes a new budget initiative of IDR 2.24 trillion.

Minister of Creative Economy Teuku Riefky emphasized the importance of proportional budget support to ensure the sustainability of priority programs.

"We expect the proposed activity program to obtain commensurate technical and fiscal considerations, to ensure continuity of the implementation of priority programs in the creative economy sector. Public services and creative programs must run optimally so that this sector becomes a new engine of national growth starting from the regions," he said.

The chairman of the House of Representatives Commission VII meeting, Rahayu Saraswati Djojohadikusumo, in conclusion agreed to the addition of the budget.

He urged the relocation of the budget to substantive programs that have an impact on people's welfare.

Rahayu Saraswati added that the budget discussion was not just a number, but to ensure direct benefits for the community.

"We want the budget allocation to really strengthen creative economy, so that it can boost economic growth while improving people's welfare," said Rahayu Saraswati.