BKPM Targets To Secure Investment Target Of IDR1 900 Trillion In 2025

Monday, 04 Nov 2024

By ferry@insightinnews.com Investment Minister and Head of the Investment Coordinating Board (BKPM) Rosan Roeslani announced that the investment target for 2025 is set at US$ 120 billion (Rp 1,900 trillion), an increase from the end of 2024 projection of Rp 1,650 trillion. A key focus for the 2025 investment is renewable energy. "We hope to achieve all our targets, with next year's goal being around US$ 120 billion for both foreign and local investments. We want to attract more investments, especially in export-oriented renewable energy," said Rosan at the “Kadin Indonesia Reception Dinner” in Jakarta on Friday (November 1, 2024). Rosan noted that Indonesia has a renewable energy potential of about 3,700 gigawatts (GW), which includes solar panels, hydropower, biomass, and geothermal energy. "Indonesia has the second-largest geothermal reserves in the world, particularly in Java," he added. Furthermore, Rosan emphasized that the government is committed to prioritizing renewable energy to meet the 2025 investment target. "We certainly want to promote clean energy, especially geothermal, to fulfill our commitment for net zero emissions by 2060," he concluded. From January to September 2024, the realized investment reached Rp 1,261.43 trillion.


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