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Senin, 29 Juli 2024

Announcing the Achievement of Semester 1 2024 Investment Realization, Bahlil Claims the MSMEs Absorb 4.6 Million Workers

Jakarta, July 29th, 2024-The Ministry of Investment/Indonesia Investment Coordinating Board (BKPM) once again held a Press Conference on Investment Realization for the Second Quarter and First Semester of 2024, on Monday afternoon at the Ministry of Investment/BKPM Office (29/7). Towards the end of President Joko Widodo's leadership, investment realization has continued to record significant figures. Cumulatively, investment realization throughout April-June 2024 reached Rp428.4 trillion, an increase of 6.7% compared to the previous period and 22.5% compared to the same period in 2023.

Investment realization of January-June (Semester 1) 2024 period reached Rp829.9 trillion, an increase of 22.3% compared to the same period in 2023. This achievement has completed 50.3% of the total investment realization target for 2024. Job absorption in this quarter reached 677,623 people and 1,225,042 people during Semester 1 2024.


Minister of Investment/Chairman of BKPM Bahlil Lahadalia revealed that the investment climate remains favourable despite the transition to the inauguration of the new president approaches. He also revealed that Micro, Small, and Medium Enterprises (MSMEs) provide the largest proportion of employment, compared to other business sectors.


"MSMEs from January to June, comprised of 2.4 million projects with total investment of Rp127 trillion. Employment reached up to 4,696,618 people," said Bahlil.


Upon seeing the achievement of labor absorption from MSMEs, Bahlil highlighted the low proportion of MSMEs in terms of capital support. From the total of national credit lending value of Rp6,300 trillion, the MSME sector has only received a portion of no more than 18%.


"That's why I'm thinking, sometimes we're being unfair to MSMEs, especially in capital support. On the other hand, MSMEs have provided massive contribution to job creation, it reached 4 million," added Bahlil.


Therefore, Bahlil emphasized that the team at the Ministry of Investment/BKPM consistently promotes funding program for MSMEs. One of them is through the Regulation of the Minister of Investment/Chairman of BKPM Number 1 of 2022 concerning Procedures for Implementing Partnerships in the Investment Sector between Large Enterprises and MSMEs at Regional Level. He firmly believes this method is the key to strengthening MSMEs, allowing them to scale up and create more jobs. 


In line with this, Vice President-elect of the Republic of Indonesia for the 2024-2029 period, Gibran Rakabuming Raka, who was interviewed during his visit to the Ministry of Investment/BKPM this morning, also advised that MSMEs should be assisted and given ease in doing their businesses.



”In addition to the downstreaming issues, I have also often raised issues about MSMEs during the presidential debate in campaign period. Once again, don’t forget about the MSMEs and we must further improve the regulations that are halting investment,” said Gibran.


During the first semester of 2024, the Ministry of Ministry/BKPM released data on Micro and Small Enterprises (UMK), namely 2,411,350 projects with a total investment commitment of Rp127.0 trillion. The investment commitment recorded from 2,206,932 micro-scale business projects amounted to Rp72.2 trillion. Meanwhile, the investment commitment recorded from 204,418 small-scale business projects amounted to Rp54.8 trillion. (*).



For further information, please contact:

Leidy Novanda

Bureau of Communication and Information Services

Ministry of Investment/BKPM

E-mail: humas@bkpm.go.id



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