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January 31, 2025 | 02:12 pm
TEMPO.CO, Jakarta - Singapore remains Indonesia’s largest investor over the past decade, recording a total of US$20.1 billion in investment in 2024 alone, said Minister of Investment and Downstream Rosan Roeslani.
“Singapore has consistently remained in the top position for the last 10 years,” he said in a press conference on Friday, January 31, 2025.
Following Singapore, there has been a significant change in the list of investing countries to Indonesia. Hong Kong, logging a total investment of US$8.2 billion, has now surpassed China with US$8.2 billion.
Malaysia placed fourth with an investment value of US$4.2 billion, driven primarily by a Lotte investment. Meanwhile, US$3.7 billion worth of U.S. investment entered the country.
Rosan underscores other countries in the list of major investors in Indonesia, which includes Japan in sixth place, followed by South Korea and Netherlands, respectively.
The UK also made significant investments in Indonesia, as well as several fellow ASEAN countries, including Thailand. “This illustrates how consistent the list is over the years. The change is nothing too extreme, but showcases the countries’ commitment to Indonesia,” added Rosan.
The Indonesian government strives to maintain the positive trend by enhancing attractive investment policies. Rosan emphasized the necessity of boosting competitiveness to achieve a sustainable growth in investments.
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