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Jakarta Investment Realization Q-4 & Jan - Dec 2023




Jakarta Investment Realization in 2023

The Investment Realization achievements for Jakarta in 2023, had officially been published by Indonesia's Investment Coordinating Board (BKPM). DKI Jakarta Province was reported to have a significant investment realization in the fourth quarter of 2023, totalling IDR 36.4 trillion. This achievement is a mix of Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI). Specifically, FDI reached IDR 15.9 trillion, while DDI contributed IDR 20.5 trillion to the province's economy. Over the course of 2023, Jakarta's total investment realization reached IDR 166.7 trillion, breaking down into IDR 95.2 trillion from DDI and IDR 71.5 trillion from FDI.

Investment Realization in DKI Jakarta, January – December 2023

 

In 2023, DKI Jakarta Province emerged as a significant contributor to Indonesia's national investment landscape. It secured the second position in cumulative Direct Domestic Investment (DDI) and Foreign Direct Investment (FDI) with a total investment of IDR 166.7 trillion, accounting for 11.7% of the national investment realization.

In terms of FDI realization, DKI Jakarta ranked fourth nationally. It brought about USD 4.8 billion (approximately IDR 71.5 trillion), representing 9.6% of Indonesia's total FDI for the year. While for DDI realization, the province led with a total DDI of IDR 95.2 trillion. The amount was equivalent to 14.1% of the total national DDI realization in 2023.

The following is a comparison of investment realization year on year (YoY) between Quarter IV 2022 and Quarter IV 2023

Compared to year-on-year figures, there was a 6.8% increase in investment realization from IDR 34.0 trillion in Q4 2022 to IDR 36.4 trillion in Q4 2023. The FDI segment saw a substantial growth of 64.4%, rising from IDR 9.7 trillion in the previous year to IDR 15.9 trillion. However, DDI experienced a decline of 16.0%, from IDR 24.4 trillion in Q4 2022 to IDR 20.5 trillion in the corresponding quarter of 2023.

Comparison of investment realization in January – December 2022 and 2023

The year-on-year comparison reveals a robust growth in investment within the province. The total investment realization for January to December 2023 saw a 16.6% increase from IDR 143.0 trillion in 2022. Specifically, FDI surged by 33.1% from IDR 53.7 trillion in 2022 to IDR 71.5 trillion in 2023. Similarly, DDI experienced a growth of 6.7%, rising from IDR 89.2 trillion in 2022 to IDR 95.2 trillion in 2023.

On the other hand, PT. Selullar Telecommunication and PT. Mass Rapid Transit Jakarta Persoda led the investment growth, as the top FDI and DDI entities respectively. PT. Selullar Telecommunication invested a total of IDR 25.6 trillion, while PT. Mass Rapid Transit Jakarta Persoda, a domestic entity, contributed IDR 5.2 trillion to the province's investment portfolio.

Realization of investment January – December 2023 based on the business sectors in DKI Jakarta.