Ecobiz.asia – To support economic growth of up to 8%, the Ministry of Investment and Downstreaming/BKPM has set a total investment target of Rp13,528 trillion or $848.36 billion (based on the current exchange rate of Rp15,946 per US dollar) by 2029.
Achieving this target requires an average annual investment growth rate of approximately 16.75%.
The investment targets for the upcoming years are as follows: Rp1,906 trillion in 2025, Rp2,280 trillion in 2026, Rp2,684 trillion in 2027, Rp3,116 trillion in 2028, and Rp3,544 trillion in 2029.
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“The target for the next five years will increase, with an average annual growth of 16.75%,” said Rosan Roeslani during a working meeting with Commission XII of the House of Representatives (DPR RI) on Tuesday (12/3).
To support the achievement of these investment targets, Rosan outlined several initiatives included in the 2025 strategic programs:
– Investment Project Ready to Offer (IPRO)
– Maintenance of the OSS (Online Single Submission) business licensing system
– Incentives such as masterlists, tax holidays, and tax allowances
– Investment promotion
– Facilitating investment dispute resolutions and risk-based supervision
– Negotiating investment cooperation agreements
– Strategic investment downstreaming studies and national action plans
– Enhancing investment competitiveness and strengthening MSME participation in supply chains.
Rosan emphasized the importance of collaboration in achieving the investment targets to support economic growth of up to 8%.
“This is certainly not an easy task, but we believe it can be accomplished through collaboration, cooperation, and full support from all stakeholders,” he added. ***