Business News
Investments in Nusantara Capital Reach IDR 58.4 Trillion
The development of Nusantara, Indonesia's new capital city located in Sepaku District, Penajam Paser Utara Regency, East Kalimantan, has attracted investments totaling IDR 58.4 trillion through eight groundbreaking projects. According to Troy Pantouw, Public Communications Advisor to the Head of the Nusantara Capital Authority (OIKN), several of these projects are…
Indonesia's Renewable Energy Investment Reaches IDR 24.04 Trillion
Indonesia’s Ministry of Energy and Mineral Resources (ESDM) announced that renewable energy investment in the country has reached USD 1.49 billion (equivalent to IDR 24.04 trillion, assuming an exchange rate of IDR 16,137 per USD) in 2024. Eniya Listiani Dewi, Director General of New and Renewable Energy, revealed during the…
Bappenas Projects IDR 47.6 Trillion Investment Needs for 2025–2029
The Ministry of National Development Planning/National Development Planning Agency (PPN/Bappenas) has estimated Indonesia's total investment needs for 2025–2029 to reach IDR 47,587.3 trillion, averaging IDR 9,517.5 trillion annually. According to Siliwanti, Expert Staff in Economic Synergy and Financing at Bappenas, the investment will be sourced from three key sectors: the…
Potential Durian Export Market to China Worth IDR 128 Trillion
The Indonesian government is preparing significant steps to boost the direct export of Indonesian durian to China. According to the Coordinating Minister for Food Affairs, Zulkifli Hasan, the durian market in China is enormous, potentially reaching up to USD 8 billion. "China is a very large market. They say the…
