double-skinned crabsVietnamese crab exportergood crabexellent crab

Jokowi’s Second Presidential Term Attracts Nearly Rp 6,000 Trillion in Investments

Arnoldus Kristianus
September 30, 2024 | 4:11 pm
SHARE
A construction hoist lifts workers at the smelter construction site operated by Amman Mineral Nusa Tenggara in West Sumbawa, West Nusa Tenggara, Tuesday, June 20, 2023. (Antara Photo/Ahmad Subaidi)
A construction hoist lifts workers at the smelter construction site operated by Amman Mineral Nusa Tenggara in West Sumbawa, West Nusa Tenggara, Tuesday, June 20, 2023. (Antara Photo/Ahmad Subaidi)

Jakarta. Domestic and foreign investments during President Joko "Jokowi" Widodo’s second term have reached an impressive Rp 5,931 trillion ($391.8 billion), nearly double the total from his first term.

Investment Minister Rosan Perkasa Roeslani announced on Monday that investment has grown at an average rate of 18 percent annually over the past five years.

"Compared to five years ago, investment growth has surged by 90.2 percent. The total investment during Jokowi’s first term amounted to Rp 3,400 trillion ($224.6 billion)," Rosan said in Jakarta.

He also highlighted the shift in investment distribution, noting that economic activity is no longer concentrated in Java, as other islands are receiving a larger share of investments.

ADVERTISEMENT

During Jokowi’s second term, the Advanced Indonesia Cabinet has created 7.1 million jobs over the last five years, Rosan added.

“Job creation remains a continuous priority for the government,” he said.

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

Related Articles


Business Oct 14, 2026 | 6:11 pm

Prabowo Orders PLN Overhaul, Acceleration of 100 GW Solar Power Plan

Prabowo orders Danantara to review PLN's business model and accelerate a 100 GW solar power plan to improve efficiency and reliability.
Business Oct 9, 2026 | 10:36 am

Indonesia Rewrites Its Economic Model to Power Faster Growth

Indonesia bets on investment, downstream industries and clean energy to achieve 8% economic growth.
Business Oct 8, 2026 | 6:22 am

Indonesia Races with ASEAN Neighbors for Investments

Indonesia and its ASEAN neighbors are pursuing aggressive reforms to attract foreign investors, according to Investment Minister Rosan.
Business Oct 7, 2026 | 12:53 pm

Indonesia to Overhaul Stay Permit System to Attract Investment

Indonesia is about to revise its stay permit system as Southeast Asia’s biggest economy searches for foreign investment.
Business Oct 7, 2026 | 11:09 am

Some State Companies Set for 2027 IPO: Danantara

The last SOE to go public was Pertamina Geothermal Energy back in 2023.
Business Oct 2, 2026 | 5:08 pm

Indonesia’s Trade Surplus Soars, but Import Slump Signals Risks

Indonesia’s trade surplus hit $3.55 billion in August, but falling imports raise concerns over production and investment.
Business Oct 2, 2026 | 2:23 pm

Apindo Warns Labor Bill Could Stall Investment, Job Creation

Apindo warns Indonesia’s proposed labor bill could deter investment and business expansion, slowing formal job creation.
Business Sep 22, 2026 | 3:11 am

Rosan Roeslani Confirmed as Keynote Speaker at Investor Daily Summit 2026

Investment Minister Rosan Roeslani will deliver a keynote at Investor Daily Summit 2026, focusing on Indonesia’s economic outlook.
Business Sep 11, 2026 | 10:34 am

Indonesia and Thailand Look to Turn Trade into Deeper Economic Ties

Indonesia’s resources and Thailand’s know-how could unlock deeper investment, production and supply-chain links between the two countries.
Business Aug 28, 2026 | 8:04 am

Vietnam’s $80 Billion EU Trade Shows Indonesia’s Untapped Potential: Ambassador

Indonesia-EU trade remains below its potential, with the bloc's ambassador pointing to Vietnam's $80 billion trade benchmark.

The Latest


Special Updates 1 hours ago

Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development

Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.
Special Updates 2 hours ago

AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026

AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.
Business 2 hours ago

Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996

Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.
News 4 hours ago

Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore

Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.
Lifestyle 5 hours ago

Jakarta Outranks Amsterdam in Global Public Transport Survey

Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED