The Government Has Set An Investment Target Of Rp 13.032 Trillion For The Years 2025 To 2029

Dok. Sekretariat Presiden

The Government Has Set An Investment Target Of Rp 13.032 Trillion For The Years 2025 To 2029

Wednesday, 08 Jan 2025

The government has set an investment target of Rp 13.032 trillion for the years 2025-2029 to achieve an economic growth rate of 8 percent. The Minister of Investment and Head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, stated that this target will be implemented gradually, starting with Rp 1.905 trillion in 2025. "This will increase gradually, with an expected investment of Rp 1.905 trillion in 2025, totaling around Rp 13.032 trillion from 2025 to 2029. This is what I presented to the President," Rosan said after a limited meeting at the Presidential Palace in Jakarta on Thursday (January 2, 2025). He mentioned that to achieve the 8 percent growth, the expected investment by 2029 should reach Rp 3.414 trillion. The realization of this investment target is expected to positively impact Indonesia's economy by creating quality job opportunities.

At the same time, this will contribute as a key driver of economic growth, especially in reaching the 8 percent growth target set by the Ministry of National Development Planning (Bappenas) for 2029. He explained that currently, new investment contributes about 24-25 percent of the Gross Domestic Product (GDP). The largest contributor to economic growth remains household consumption, which accounts for 53-54 percent of GDP. Therefore, he hopes that investment contributions will increase with this target. "We expect it to rise beyond 24 percent. Investment will be crucial, and downstream processing will also be very important for attracting investment to Indonesia," Rosan added.

He acknowledged that achieving the target is a tough job, requiring cooperation and coordination from various ministries. Rosan mentioned that 18 ministries are involved in reaching the investment target. "It is hoped that the collaboration among these 18 ministries will improve in the future," he explained.

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