Not China, this is the country with the most investment in Indonesia

Jakarta

Even though the pandemic is not over yet, foreign investment is still pouring in Indonesia. In the first half of 2021 alone, there has been an investment realization of IDR 442.7 trillion, Singapore being the country that injects the most investment in Indonesia.

Investment Minister/Head of BKPM Bahlil Lahadalia explained that Singapore, with a total investment of US$ 4.7 billion, became the country with the most investment in Indonesia. Followed by Hong Kong with a realization of US$ 2.3 billion and China in the next rank with a realization of US$ 1.7 billion.

“At first, there was Singapore with US$ 4.7 billion, Hong Kong with US$ 2.3 billion, China with US$ 1.7 billion,” said Bahlil in a webinar at the CIMB Niaga Rising Indonesia Forum, Wednesday (29/9/2021). ).

What is interesting to note is the injection of investment from the Netherlands. According to him, the Netherlands recently pushed into the top 5 list. This is because the Netherlands is now a hub in Europe.

The Dutch contribution itself is in the 4th position of the largest investment to Indonesia with investment realization reaching US$ 1.3 billion in the first half of 2021.

“Europe is now starting to make Indonesia an alternative investment destination. After we reviewed our data at our program office in Europe, the Netherlands is now a hub when the UK leaves the European Union,” said Bahlil.

Bahlil also highlighted the competition between Japan and South Korea. The two countries in eastern Asia are now chasing each other as the largest contributor to investment in the archipelago.

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Now South Korea is in position 5 with investment contributions reaching US $ 1.1 billion. Racing Japan in position 6 with an investment contribution of US $ 1 billion.

“Interestingly, South Korea has just surpassed Japan until the first semester. There is competition between Korea and Japan,” said Bahlil.

According to him, Indonesia has never discriminated against countries that want to inject investment into the archipelago. He said the government positioned Indonesia in a neutral manner, being in the middle and accepting all countries. In fact, according to him, it would be wrong if there is an assumption that Indonesia only gets investment from one country.

“It is wrong to assume that we focus on certain countries. Indonesia is not regulated by certain countries. We must always be the middle players, all countries may enter with fair rules, there is no special treatment,” said Bahlil.

Continuing the list of countries with the largest investment in Indonesia, in position 7 is the United States with a realization of US$ 800 million. In 8th place, there was Malaysia with a realization of US$ 700 million.

The last two countries in the top 10 are Switzerland with a realization of US$ 500 million and Thailand with a realization of US$ 300 million.

Also watch the video: Joining the Indonesian Chamber of Commerce and Industry, the Ministry of Tourism and Creative Economy to Develop World Tourism Investment

[Gambas:Video 20detik]

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