Foreign Investors Remain Aggressive Entering Indonesia Despite The Uncertain World Economic And Geopolitical Situations

Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia. (Photo: Doc. ANTARA)

JAKARTA - The Ministry of Investment/Investment Coordinating Agency (BKPM) recorded the realization of Indonesian investment with positive results until the end of September 2023.

For information, investment realization until the third quarter of 2023 has reached 75.2 percent of the president's target in 2023 of IDR 1.400 trillion and 95.7 percent of the strategic plan (rentra) target of IDR 1.099 trillion.

Investment Minister/Head of BKPM Bahlil Lahadalia said that his party is still optimistic about pursuing the target set by the President this year of IDR 1.400 trillion.

Although global economic conditions this year and the future are still volatile.

Bahlil explained that uncertain geopolitical conditions would have a major impact on the global economy and the investment climate in Indonesia.

"With the uncertain geopolitical conditions and the economy still not recovering, this will definitely have an impact on global economic growth. Including Indonesia, especially regarding FDI," Bahlil said at a press conference in Jakarta, Friday, October 20.

According to Bahlil, for the first time in the history of Indonesia, foreign investors continue to invest in Indonesia despite geopolitical conditions and Indonesia during the political year.

"This may be in the history of our nation. Even though we are now entering the political year, globally still puts extraordinary understanding and trust marked by investment realization," he said.

Bahlil conveyed that the opinion of a number of parties who said investors would tend to wait and see during the political year was wrong, because currently investors are more aggressive in investing in Indonesia.

"So if someone says that in the political year, wait and see is normal, but this is not a wait and see but they are even aggressive in how to realize the investments they have committed," he said.

Bahlil added that maintaining the growth of national investment realization could not be separated from the stability of the domestic economy.

This is reflected in the realization of foreign investment in Indonesia.