Minister Bahlil Announces Total Foreign Investments in 2nd Quarter

TEMPO.CO, Jakarta - The Ministry of Investments revealed that the foreign investments in West Java have outperformed the capital city of Jakarta as the former managed to log 2.9 billion US dollars in foreign investments (PMA) compared to the latter which logged 2.1 billion US dollars.

Minister Bahlil Lahadalia on Wednesday, July 20, said “The increase in investment realization during the second quarter of 2022 was 7.0 percent. This aligns with the national economic growth that is predicted by a number of economic observers will exceed 5 percent.”

The second quarter PMAs amounted to Rp 163.2 trillion or 54 percent of the total investment realization. This figure increased by 32.0 percent compared to the same period in 2021. Meanwhile, in the first semester or the January-June period, it reached Rp 310.4 trillion or 53.1 percent. On a year or year basis, that number rose 35.8 percent.

Meanwhile, the realization of overall investment, including domestic investment (PMDN) in the second quarter reached Rp302.2 trillion, an increase of 7.0 percent compared to the previous period. Cumulatively, investment realization data in the first semester reached Rp584.6 trillion.

The location of the most FDI investment is Central Sulawesi has become the region with the most number of foreign investments with a value reaching 3.4 billion US dollars. The next position is followed by West Java and Jakarta. Then followed by North Maluku with an investment achievement of 2 billion USD and Banten with 1.6 billion USD.

Singapore is statistically the country with the highest investment in Indonesia in the second quarter reaching 3.1 billion USD or 27.7 percent, which is followed by China which contributed 2.3 billion USD or (20 percent). Then the value of the investment contribution from Hong Kong China amounts to 1.4 billion USD (11.9 percent). The investment value from Japan is 0.9 billion USD (8.1 percent) and the United States with 0.8 billion USD (6.8 percent).

Meanwhile, the realization of investment outside Java is greater than in Java. Outside Java, investment reached Rp 157.1 trillion or 52 percent. This number increased by 38 percent year on year. Meanwhile, the total capital revenue in Java is Rp. 145.1 trillion. This figure year on year also rose 32.9 percent.

According to Minister Bahlil, there were 320,534 workers absorbed in the second quarter investments, which compared to the previous term had absorbed 319,013 workers. 

According to him, the investment sector that attracted the most investors in the second quarter is base metal, metal goods, non-machinery, and equipment industries. In this sector, the investment value reached Rp 48.2 trillion, or 15.9 percent of the total investment. Then followed by the mining industry sector worth Rp 33 trillion or 10.9 percent.

Investments in the housing, industrial, and office sectors are valued at Rp 26.7 trillion (8.8 percent). In the transportation, warehouse, and telecommunications sectors, investments reached Rp 25.6 trillion (8.5 percent) and are followed by the food sector which contributed 7.4 percent of investment or Rp 22.4 trillion.

RIANI SANUSI PUTRI

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