double-skinned crabsgood crabVietnamese crab exporterexellent 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:
SHARE

Related Articles


News Jun 23, 2026 | 8:17 am

Government Plans to Demolish Sultan Hotel and Build New Landmark in Jakarta

Indonesia plans to replace the former Sultan Hotel with a new landmark district designed as a world-class economic and tourism hub.
Business Jun 22, 2026 | 7:58 pm

Rosan: Himbara's Rp 1.1 Quadrillion Valuation Fuels Growth

Himbara's Rp 1.1 quadrillion market value highlights its growing role in financing MSMEs and driving Indonesia's economy.
Business Jun 15, 2026 | 7:38 pm

Danantara Raises $1.5 Billion in Debut Global Bond Offering

Danantara is considering issuing longer-dated bonds in the future, including securities with maturities of up to 30 years.
Business Jun 15, 2026 | 7:13 pm

Danantara’s Global Bonds Popular Among US Investors

The rest of Danantara's global bond investors have come from Europe, the Middle East, and Asia.
Business Jun 15, 2026 | 2:14 pm

Rosan Says Investors Remain Confident in Indonesia’s Economy

Indonesia booked $28.1 billion in Q1 investment, with foreign capital contributing Rp 250 trillion.
Business Jun 9, 2026 | 6:26 pm

Economist Calls for Investment Reform as Indonesia's FDI Ratio Falls to 1.61%

Indonesia must shift from resource extraction to value creation as FDI falls behind regional peers, economist Lili Yan Ing says.
Business May 22, 2026 | 4:25 pm

Rosan Explains Appointment of Luke Thomas to Lead Danantara Resource Export Unit

Danantara says Luke Thomas Mahony was chosen to lead its new natural resources export company for his mining and trading experience.
Business May 22, 2026 | 12:19 pm

Investment Minister Says Export Policy Not Behind JCI Slump

Rosan Roeslani said recent pressure on Indonesian stocks was driven more by MSCI rebalancing and market sentiment than export policy.
Business May 21, 2026 | 7:58 pm

Indonesia’s New Export Watchdog Could Recover Billions Lost to Under-Invoicing

Economists say Danantara’s planned DSI could tighten export oversight and curb billions in commodity trade leakages.
Business May 20, 2026 | 5:22 pm

Danantara Says New Natural Resources Agency Aims to Boost Export Transparency

Indonesia says its new natural resources export body is designed to improve transparency and curb under-invoicing practices.

The Latest


News 30 minutes ago

Investor Daily Marks Silver Jubilee While Defying Global Decline of Print Media

Investor Daily marked its 25th anniversary after successfully evolving from a print newspaper into a multimedia business news platform.
Business 2 hours ago

Indonesia Delays $1 Billion Panda Bond Sale as Chinese Demand Builds

Indonesia delayed its Panda Bond sale to late July after strong Chinese investor demand and requests for more approval time.
Business 3 hours ago

Pakistan Asks Indonesia to Ease Export Levy on Palm Oil

Palm oil makes up a huge bulk of Indonesia’s exports to Pakistan.
News 3 hours ago

Indonesia Says No Negligence Found Yet in Deaths of Cooperative Trainees

Indonesia found no negligence in three trainee deaths but will review military training for village cooperatives.
Business 3 hours ago

Indonesia Forms Layoff Task Force as 150,000 Jobs Face Risk

Indonesia has formed a layoff mitigation task force after labor unions warned that up to 150,000 jobs could be at risk.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED