The Ministry of Investment/Investment Coordinating Board (BKPM) has set a record-breaking investment target of IDR 13,528 trillion for the next five years (2024–2029), aiming to create 3.4 million jobs. Speaking at the Executive Forum titled "Exploring Key Sectors for Sustainable Investment in Indonesia" in Jakarta on 18 November 2024, Deputy Minister for Investment Control Edy Junaedi highlighted the role of investments in driving 8% economic growth. For 2024, investments are projected to reach IDR 1,261.43 trillion (76.5% of the annual target), with job absorption reaching 1.875 million people. The investment breakdown includes Foreign Direct Investment (FDI) at IDR 654.40 trillion (51.88%) and Domestic Direct Investment (DDI) at IDR 607.93 trillion (48.12%).
Edy emphasized the emerging investment hubs outside Java, such as North Maluku and Sulawesi, where regional economic growth has reached 27–28%. Investments outside Java totaled IDR 635.0 trillion (50.34%), surpassing Java's IDR 626.43 trillion (49.66%). The downstreaming strategy focuses on a roadmap for 28 priority commodities, with potential revenue reaching USD 618 billion if managed effectively. Currently, downstream activities contribute only 20–22% of quarterly realized investments, presenting both a challenge and an opportunity for BKPM to enhance its impact.
