North Maluku became the largest foreign investment destination in Indonesia in the second quarter of 2026. Its value reached IDR 39.5 trillion, displacing areas in Java which have dominated investment flows.
Minister of Mineral Processing and Investment and Head of BKPM Rosan Roeslani said the surge was mainly supported by investment in the mineral and downstream sectors.
"The increase in PMA in North Maluku is quite sharp. North Maluku occupies the first place," said Rosan at the Presidential Office, Presidential Palace Complex, Jakarta, Thursday, July 16.
After North Maluku, the largest foreign investment came to DKI Jakarta and West Java. Central Sulawesi took the next position with a value of Rp34.4 trillion, followed by East Java.
This change shows that foreign capital flows in the second quarter are not only held in the economic center of Java Island. Mineral-producing areas outside Java are actually the main destination because of the development of smelters and processing industries.
Overall, investment outside Java reached IDR 507.8 trillion throughout the first half of 2026. The value is slightly larger than investment in Java of IDR 502.8 trillion.
The share of downstream investment outside Java is also very dominant. Its value reaches IDR 227.3 trillion or 75.7 percent of all downstream investments during the first six months of 2026.
Rosan said the projects were widely spread in North Maluku, Sulawesi, and West Nusa Tenggara.
The mineral sector is still the largest support for downstream investment with a value of IDR 206.5 trillion. In the second quarter, bauxite even took the top position, replacing nickel which has dominated so far.
However, the size of investment does not automatically guarantee equal benefits for the region. The government must still ensure that the downstream project absorbs local labor, involves local businesses, and does not stop at the initial stage of raw material processing.
Rosan said the government wanted investment to continue to grow by exploring the potential of other areas outside of old economic centers.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
