Indonesia Investment Promotion Center (IIPC) Sydney

 

News & Event


, April 21, 2020
Q1 Australia’s Investment Realisation in Indonesia

According to the official press release by BKPM, Australian investment realisation in Indonesia throughout the Q1 2020 reached US$ 86 million, increased by 31.9% compared to the same period last year and 2.8% compared to the last quarter realisation. 64.6% (US$ 55.53 m) of the total investment went to mining sector, followed by Hotel & Restaurant (US$ 21.9 m/25.5%), Other Services (US 3.63 m/4.2%), Fisheries (US$3.02 m/3.5%), and Forestry (US$ 0.6 m/0.7%). West Nusa Tenggara become Australia’s favourite investment destination in Q1 with 65.1% (US$ 56.0 m) of the total investment realisation went to the province in Q1 2020. Following West Nusa Tenggara are Lampung (US$ 14.0 m/16.3%), Bali (US$ 7.93 m/9.2%), East Kalimantan (US$ 3.28 m/3.8%), and South Sulawesi (US$ 1.26 m/1.5%).

Meanwhile, the total of investment realisation in Indonesia throughout Q1 2020 reached RP 210.7 trillion, increased by 8.0% compared to the same period last year (Rp 195.1 trillion). Domestic investor dominates investment realisation in Q1 2020 with Rp 112.7 trillion (53.48% of total realisation), compared to the foreign investment of Rp 98 trillion (46.52% of total realisation). While BKPM expects significant delay and reduction in foreign direct investment realisation throughout Q2 2020, no investor has yet to withdraw their investment commitment because of COVID-19 in Indonesia, as confirmed by the Chairman of BKPM, Bahlil Lahadalia.