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Top provinces with highest investment realization in Indonesia

Published on 16/06/2023 at 04:35 GMT+7 Reading time

The Investment Ministry recorded that the investment realization in Indonesia throughout 2022 had reached IDR 1,207.2 trillion, a 34% increase compared to the previous year (year-on-year/yoy). 

This amount exceeded the target set by President Joko Widodo, which was IDR 1,200 trillion. In addition, this investment realization was also able to absorb approximately 1.3 million Indonesian workers.

Among the overall investment realization, foreign direct investment (FDI) played a significant role as the primary driver, reaching IDR 654.4 trillion. This figure witnessed a notable annual growth of 44.2 percent, reflecting a substantial increase yoy.

Furthermore, the value of Domestic Direct Investment (PMDN) grew by 23.6% yoy to reach IDR 552.8 trillion, contributing 23.6 percent to the total national investment realization.

Provinces with highest investment achievement

If we look at the overall FDI and PMDN, the following are the provinces that hold the highest investment values in 2022:

The first rank is held by West Java province with an investment value of IDR 174.6 trillion. This amount is equivalent to 14.46 percent of the total domestic investment realization during the previous year. 

The second position is occupied by DKI Jakarta, which received an investment of IDR 143 trillion. Following closely is Central Sulawesi with an investment realization of IDR 111.2 trillion. 

East Java received an investment of IDR 110.3 trillion. There is also investment in Riau amounting to IDR 82.5 trillion. 

The investment realization in Banten is reported to be IDR 82.4 trillion. Furthermore, the investment in North Maluku and Central Java amounted to IDR 70.69 trillion and IDR 60.4 trillion, respectively.

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