Jakarta. Indonesia has amassed Rp 1,434.3 trillion (around $86.5 billion) in investments from home and abroad so far this year as of September, the government announced Friday, with Singapore still keeping its crown as the biggest foreign investor.

The latest announcement showed that Indonesia had met 75.3 percent of its full-year investment target. Southeast Asia’s biggest economy aims to record approximately Rp 1,905.6 trillion in investments throughout 2025, which marks President Prabowo Subianto’s first year in office.

“We do admit that tensions were on the rise at the start of the year, but things have calmed down. … This has given a positive atmosphere,” Investment Minister Rosan Roeslani told reporters in Jakarta, alluding to the US tariff war and the Hamas-Israel ceasefire.

The January-September 2025 figures showed a 13.7 percent year-on-year (yoy) growth. The money that investors had put into the country had generated jobs for around 1.9 million people. 

Domestic investors remained on the lead, contributing about Rp 789.7 trillion or about 55.1 percent of the same nine-month period. Rosan revealed the mining giant AMMAN’s smelter project in West Nusa Tenggara has also contributed to the investment realizations.

Indonesia saw Rp 644.6 trillion (almost $38.9 billion) in foreign direct investment (FDI) inflows. The top 5 FDI source rankings remained unchanged compared to the first half statistics. Singapore remained the biggest source at $12.6 billion in January-September. Followed by Hong Kong ($7.3 billion), China ($5.4 billion), Malaysia ($2.7 billion), and Japan ($2.3 billion).

The latest statistics brought good news for Indonesia, which is seeking a more balanced growth across its archipelago. Approximately Rp 741.8 trillion had been allocated to regions outside Java, accounting for 51.7 percent of the total investments. Businesses had invested Rp 692.5 trillion in Java, the country's most populous island, as of the end of September.

“Looking at the current trend and inflows, we are confident that we can reach the full-year target [of Rp 1,905.6 trillion], if God is willing,” Rosan said.

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