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Jumat, 06 Desember 2024

Minister Rosan Promotes Green Investment and Downstream Opportunities at Singapore Investment Forum

Singapore, December 6, 2024 – Indonesia reaffirmed its commitment as a global investment hub through the forum Exclusive Dialogue: Mapping Indonesia Investment Trend 2025, held in Singapore on Friday (6/12). Organized by the Ministry of Investment and Downstream Industry/Indonesia Investment Coordinating Board (BKPM) in collaboration with the Indonesian Embassy in Singapore, the event provided a platform to highlight strategic opportunities in green energy, commodity downstreaming, and digital transformation. The forum was attended by more than 100 business leaders and policymakers.

In his keynote address, Minister of Investment and Downstream Industry/Head of BKPM Rosan Perkasa Roeslani highlighted achievements for the January–September 2024 period, with 76.45% of the annual investment target realized and over 1.8 million new jobs created.


Rosan emphasized Indonesia's renewable energy potential of 3,700 gigawatts and the importance of international collaboration to support energy and food security, as well as the downstreaming of 28 strategic commodities identified by the Indonesian government.


Additionally, Rosan stressed the critical role of education in boosting global competitiveness. “Education unlocks the full potential of Indonesia's human resources and accelerates economic growth. A focus on human capital development is vital for realizing the vision of sustainable development,” stated Rosan.


With the world's largest nickel reserves, accounting for 42% of the global total, and a seaweed production potential of 28% of the global total, Indonesia holds a strategic position to lead the development of electric vehicle battery ecosystems and marine-based industries. The Indonesian government remains optimistic that increased cross-sector collaboration in the coming year will strengthen the realization of strategic projects and ensure sustainable investment in the country.


This comparative advantage is reinforced by Indonesia's average economic growth of 5% over recent years, positioning the nation as a leading performer in global economic terms. Nevertheless, the government highlighted the need for swift action to leverage the ongoing demographic dividend.


On the same occasion, Indonesia's Ambassador to Singapore, H.E. Suryopratomo, reiterated the government's commitment to achieving an 8% economic growth target during the new administration. Key development priorities include digital economic transformation, acceleration of the green economy, and strengthening regional integration through international collaboration.


“This target is not merely a goal but also a call to action, propelling Indonesia to greater heights amidst global dynamics through strategic steps that advance the nation,” said Suryopratomo.


According to data from the Ministry of Investment and Downstream Industry/BKPM, Singapore has consistently been the top contributor of Foreign Direct Investment (FDI) to Indonesia, with total realized investments amounting to USD62.16 billion from 2020 to September 2024. Singapore's investments have been dominated by sectors such as Metal Industries (excluding Machinery and Electronics) (23%); Transportation, Warehousing, and Telecommunications (16%); Food Industry (9%); Housing, Industrial Estates, and Office Buildings (8%); and Paper and Printing Industry (7%).


For further information, please contact:

Ahmad Faisal Suralaga

Head of the Bureau of Communication and Information Services

Ministry of Investment and Downstream Industry/BKPM

E-mail: humas@bkpm.go.id

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