Investment Realization 2022 IDR 1,207 Trillion, Head Of BKPM: Supreme In History

Illustration (Photo: Doc. Antara)

JAKARTA - The Ministry of Investment/Investment Coordinating Agency (BKPM) noted that investment realization throughout 2022 was IDR 1,207.2 trillion, an increase of 34 percent from the previous year.

Investment Minister Bahlil Lahadalia said investment realization in 2022 had exceeded the target set by President Joko Widodo (Jokowi) of IDR 1,200 trillion.

Bahlil said, he was also able to absorb 1,305,001 workers.

"In the beginning, many people were pessimistic about whether this target could be achieved or not. Thank God we used to reach IDR 1,207.2 trillion YoY grew 34 percent, this is one of the largest investment growth and for Indonesia in the history of the republic, this is the biggest," Bahlil said in a virtual press conference, Tuesday, January 24.

Bahlil detailed the realization of the investment where Foreign Investment (PMA) was recorded at IDR 654.4 trillion or 54.2 percent.

Meanwhile, the realization of Domestic Investment (PMDN) amounted to Rp552.8 trillion or 45.8 percent.

Meanwhile, on an annual basis or year on year (yoy) PMA recorded a growth of 44.2 percent. Meanwhile, PMDN grew 23.6 percent.

"In the history of PMDN, it usually grows no more than 13 percent, a maximum of 15 percent. This means that not only FDI believes, national entrepreneurs also believe in the government and how the economy will come in the future," he explained.

Then, continued Bahlil, the realization of investment in Java amounted to Rp570.9 trillion, and outside Java was Rp636.3 trillion.

Bahlil said, there were five locations that contributed to PMA and PMDN's largest investment throughout 2022.

The five locations are West Java with IDR 174.6 trillion, DKI Jakarta IDR 143.0 trillion, Central Sulawesi IDR 111.2 trillion, East Java IDR 110.3 trillion, and Riau IDR 82.5 trillion.

Meanwhile, the largest investment growth driving sector in 2022 includes the basic metal industry, metal goods, non-machinery and equipment of IDR 171.2 trillion.

The two mining units amounted to IDR 136.4 trillion.

Then, the three transportation, warehouses, and telecommunications amounted to Rp134.3 trillion. As well as housing, industrial and office areas amounting to Rp109.4 trillion.

Meanwhile, the five largest countries to invest in Indonesia include Singapore, amounting to 13.3 billion US dollars. Then, China 8.2 billion US dollars, Hong Kong 5.5 billion US dollars, Japan 3.6 billion US dollars and Malaysia 3.3 billion US dollars.