Indonesia has attracted IDR1,261.4 trillion (nearly US$81 billion) in combined investments from both foreign and domestic investors so far this year as of September, the government announced on 14 October 2024. “The investments that we recorded in January-September 2024 soared by almost 20 percent year-on-year [yoy],” stated by Investment Minister Rosan Roeslani. Foreign direct investments (FDI) made up about 51.9 percent of the total investments in the said nine-month period. Singapore retained its status as Indonesia’s largest foreign investor. The close neighbor invested approximately US$14.4 billion in January-September. Followed by Hong Kong (US$6.1 billion), China (US$5.8) billion), and the US (US$2.8 billion). Malaysia put around US$2.7 billion into Indonesia, making Kuala Lumpur its fifth-largest source of FDI. According to the Minister, non-Java provinces are gaining popularity among investors. About 50.34 percent of the total investments that the country posted so far in 2024 went to outside Java. Central Sulawesi -- home to the nickel-based industrial estate Indonesia Morowali Industrial Park (IMIP) -- became the most sought-after non-Java destination for foreign investors. The FDI that flowed to Central Sulawesi amounted to around $6.4 billion -- just behind the populous West Java (US$7.5 billion).  Domestic investors seem to favor Riau and East Kalimantan when it comes to investing outside Java. Local investors put around IDR52.7 trillion in Riau throughout January-September. East Kalimantan, which hosts Indonesia’s new capital Nusantara, attracted nearly IDR38.8 trillion over the same period. Source: https://jakartaglobe.id/business/indonesia-attracts-almost-81-billion-investment-so-far-in-2024 (ICE GIACARTA)

Fonte notizia: Jakarta Globe, 15 October 2024