Jakarta (ANTARA) - Indonesia aims to attract Rp13,032 trillion ($826 billion) in investment over the next five years to reach eight percent annual economic growth by 2029, far surpassing the Rp9,117 trillion invested in the previous decade, the Ministry of Investment said on Wednesday.

Investment Minister Rosan Perkasa Roeslani said the target is crucial to accelerate growth and create jobs.

“From 2014 to 2024, total investment reached around Rp9,100 trillion. From 2025 to 2029, we aim for more than Rp13,032 trillion,” Rosan told the 2025 Investor Daily Summit in Jakarta.

He stressed that investment, both domestic and foreign, remains the key growth driver, having remained steady despite global headwinds over the past decade.

According to the ministry, investment realization in the January–June 2025 period reached Rp942.9 trillion, or 49.5 percent of the annual target of Rp1,905.6 trillion.

By Q3 2025, that figure is expected to hit Rp1,400 trillion, or about 74 percent of the full-year goal.

Rosan said attracting new investors is critical to boosting employment and improving living standards.

“There are many untapped opportunities that remain due to weak execution,” he said, identifying renewable energy as one of the most promising but underutilized sectors.

Indonesia has pledged to achieve net-zero emissions by 2060 or earlier, in line with President Prabowo Subianto’s policy direction.

Rosan also said international trade deals such as the Indonesia–European Union Comprehensive Economic Partnership Agreement (IEU CEPA) and the Indonesia–Canada CEPA (ICA CEPA) are expected to boost foreign investment, particularly in manufacturing and digital infrastructure.

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Translator: Primayanti
Editor: Rahmad Nasution
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