Sat, 08 Feb 2025
Indonesia surpasses investment target with 104.3 bln USD realization in 2024

JAKARTA, Feb. 3 (Xinhua) -- Indonesia recorded an investment realization of 1,714.2 trillion rupiahs (around 104.30 billion U.S. dollars) in 2024, surpassing the target of 1,650 trillion (around 100.39 billion dollars) and increasing 20.8 percent compared to the previous year, according to Minister of Investment and Downstream Industry Rosan Perkasa Roeslani.

"We achieved 103.9 percent of the target, which is a very good and encouraging investment realization figure," said Rosan.

Foreign investment accounted for up to 52.5 percent, totaling 900.2 trillion rupiahs (around 54.77 billion dollars) and expanding at a rate of 20 percent annually.

Meanwhile, domestic investment reached 47.5 percent, totaling 814 trillion rupiahs (around 49.52 billion dollars), with an annual growth rate of 22.5 percent.

The largest investment was in the sector of basic metal industry, metal goods, and its equipment, recording a figure of 238.4 trillion rupiahs (around 14.50 billion dollars), or a 13.9 percent growth.

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