President Jokowi Notes Indonesia's Investment in 2022 at Rp 1.2 trillion, 53 Percent Channeled Outside Java

- 07 February 2023 19:08 WIB
Indonesian President Joko Widodo and his ministers speaking to the press.  (Photo: Setpres)
Indonesian President Joko Widodo and his ministers speaking to the press. (Photo: Setpres)

JAKARTADAILY.ID – At the Mandiri Investment Forum 2023 which was held at the Fairmont Hotel, Jakarta on Wednesday, February 1, 2023, President Joko "Jokowi" Widodo said that Indonesia's investment in 2022 "can be achieved by exceeding the target of up to Rp 1,207 trillion."

In addition, investment realization is also spread throughout Indonesia, where 53 percent are outside Java Island and 47 percent are in Java Island.

"This means that we are no longer Java-centric, but Indonesia-centric. Sulawesi is good, in North Maluku is good, Sumatra is growing, 53 percent outside Java, and in Java 47 percent. Very, very good because almost all countries are currently fighting over the name of investment," said Jokowi.

Also Read: Indonesian President Joko Widodo Calls on His Cabinet to Revitalize the Economy

The Indonesian Head of State also said that a number of factors attract investors from various countries to invest in Indonesia. One of them is the distribution of infrastructure carried out by the Indonesian government, both on the island of Java and outside Java.

"Whether it's a toll road, whether it's a port, whether it's an airport, whether it's a provincial road, even though it's not finished yet, everything is in the process," said the Head of State.

In addition to the equal distribution of infrastructure in the country, President Jokowi revealed that Indonesia's social, political, and security stability is also considered good by many countries.

Jokowi said Indonesia's leadership contribution in the G20 and ASEAN was also a supporting factor for investors to invest in Indonesia.

"And also our economic fundamentals are also considered good so that people want to invest in our country," said President Jokowi.

Furthermore, the President also explained that consumption and investment make a major contribution to Indonesia's economic growth. Therefore, the President emphasized that investment must be maintained to increase economic growth.

"Both small investments in our SMEs and large ones in corporations that enter Indonesia," said the President.

Also Read: Joko Widodo Greets Christians in Bogor City, Hopes All Indonesian Celebrate Christmas Peacefully and Happily

Meanwhile, the Minister of State-Owned Enterprises (BUMN) Erick Thohir in his report also stated that BUMN support for achieving the national investment target in 2023 had been set at Rp 1,400 trillion.

Erick said that one of the efforts made by BUMN was to seek investment outside the capital market worth Rp 127 trillion through all BUMN assets.


Editor: Suksmajati Kumara


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