This can be achieved by observing global economic developments.
Jakarta (MidLand) – Investment Minister/Head of the Investment Coordination Board (BKPM) Bahlil Lahadalia said he is optimistic about the possibility of achieving the 2024 investment realization target of IDR 1,650 trillion.
Bahlil said that the realization of this investment could be realized if in trying to realize the investment, we still pay attention to the global economic situation which poses a challenge to Indonesia.
“This can be achieved by looking at global economic developments,” Bahlil said in Jakarta on Monday.
According to him, currently the global economic situation is still unstable, due to the geopolitical tension situation in the Middle East and the recession in several countries.
Apart from that, he also said, Indonesia has passed the presidential election period, which is also an important factor for realizing investments in 2024.
“Early yesterday I said that I could not decide whether the investment could be realized or not depending on the political conditions, and thank God we have presidential elections. We hope that what the KPU decides can only be done in one round ,” he said again.
Bahlil further said that the investment target of IDR 1,650 trillion for 2024 is also one of the conditions for Indonesia’s economic growth to be above 5%.
“This IDR 1,650 trillion is one of the conditions for our economic growth to be above 5%,” Bahlil said.
Regarding investment realization in 2023, his party managed to obtain IDR 1,418 trillion or surpass the target set by President Joko Widodo (Jokowi) of IDR 1,400 trillion (101.3%) with a total deployment of 1,823,543 people.
In detail, the realization results of investments in the period January-December 2023 grew by 17.5% on an annual basis (Year after year) compared to the result achieved in 2022, which reached IDR 1,207.2 trillion.
Investment realization over the past year consisted of realized foreign investment (PMA) amounting to IDR 744.0 trillion or the equivalent of 52.4% of total investment realization and domestic investment realization (PMDN) amounting to IDR 674.9 trillion or reaching 47.6%.
On a year-over-year basis, PMA realization in 2023 grew by 13.7%, while PMDN grew by 22.1%.
Read also: DPR members: incoming investments must be quality and inclusive
Read also: CORE: Downstream policy encourages investment in Indonesia
Reporter: Ahmad Muzdaffar Fauzan
Publisher: Budisantoso Budiman
Copyright © MidLand 2024
Quoted From Many Source
