Foreign Investment Invades RI, Third Quarter Realization IDR 192 T News – 1 hour ago

Jakarta, CNBC Indonesia – The Ministry of Investment or the Investment Coordinating Board (BKPM) recorded that foreign investment or foreign capital participation (PMA) reached IDR 196.2 trillion in the third quarter of 2023.

This growth is higher than the third quarter of 2022 of IDR 168.9 trillion and the second quarter of 2023 of IDR 186.3 trillion. It appears that PMA has experienced an upward trend since the third quarter of 2021.

In the third quarter of 2023, the sectors of interest to FDI are the Basic Metal Industry, Metal Goods, Non-Machinery and Equipment, US$ 3.3 billion; Chemical and Pharmaceutical Industry US%1.3 billion; Mining US$ 1.3 billion; Paper and Printing Industry US$ 1.2 billion; Transportation, Warehouse and Telecommunications US$ 1.1 billion.

Regionally, West Java is listed as the favorite province for FDI destinations with investment realization of US$ 1.8. West Java’s position is tied with Central Sulawesi and North Maluku with FDI realization of US$ 1.8 billion each.

Clearly, Sulawesi and North Maluku are investment areas that focus on downstream mining which is being encouraged by the government. The next positions are Banten and DKI Jakarta with FDI realization of US$ 1.2 billion and US$ 1.1 billion respectively.

The top five countries originating from FDI are Singapore at US$ 4.4 billion, China at US$ 1.8 billion, Hong Kong at US$ 1.7 billion, Japan at US$ 1.3 billion and Malaysia at US$ 900 million.

Photo: TOP 5 COUNTRIES ORIGINAL OF PMA III QUARTER 2023. (Ist Ministry of Investment/BKPM)

[Gambas:Video CNBC]

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