In the second quarter of 2025, Singapore led foreign investment in Indonesia with a value of USD 4.2 billion, equivalent to IDR 67.4 trillion, representing 33.3% of the total foreign investment during that period. The Minister of Investment/BKPM, Rosan P Roeslani, stated that Singapore's preeminence in the region is a reflection of the high level of confidence regional investors have in Indonesia's economic stability and prospects. Singapore has been a consistent and valuable partner in strengthening investment in priority sectors, including manufacturing and downstream industries. In the second quarter of 2025, total national investment realisation reached IDR 477.7 trillion, representing an increase of 11.5% year-on-year (yoy) and 6.2% compared to the previous quarter. Foreign direct investment contributed IDR 202.2 trillion, representing a substantial 42.3% share. Meanwhile, domestic investment reached IDR 275.5 trillion, representing a 57.7% share.
The top countries of origin for foreign investment were, in order, Singapore with USD 4.2 billion, Hong Kong with USD 2.3 billion, China with USD 1.8 billion, the United States with USD 0.8 billion, and Malaysia with USD 0.7 billion. The Ministry of Investment has reported that total investment realisation reached IDR 942.9 trillion during the first half of 2025, which equates to 49.5% of the annual target of IDR 1,905.6 trillion. This investment has absorbed 1,340,248 workers, with 665,764 of them coming from the second quarter alone. Investment realisation in West Java was the highest at IDR 72.5 trillion, followed by Jakarta at IDR 71.1 trillion, Central Sulawesi at IDR 38.6 trillion, Banten at IDR 31.6 trillion, and East Java at IDR 29.7 trillion. The downstream sector continues to be the primary driver of investment growth, contributing IDR 144.5 trillion, which is 30.2% of total investment. Key sectors such as nickel, copper, bauxite, palm oil, coal, and iron have shown notable growth.