The Investment Coordinating Board Ministry has said that the contribution of foreign investment into PMA structures in the second quarter of 2022 reached Rp163.2 trillion.
This foreign investment accounted for 54 percent of total investment in Indonesia and increased 39.7 percent compared to the same period in 2021.
The most significant total foreign investment income came from the following countries:
- Singapore at US$3.1 billion;
- China at US$2.3 billion;
- Hong Kong at US$1.4 billion;
- Japan at US$0.9 billion;
- The United States is US$0.8 billion.
Investment began to flock to Indonesia in the second quarter of 2022, meaning investment realization has reached Rp302.2 trillion.
On an annual basis, investment grew by 35.5 percent year on year and 7 percent in the quarter. In particular, foreign investment reached 54 percent or Rp163.2 trillion, rising 39.7 percent from the previous year.
Source by expat Indonesian
