Jakarta Investment Realization Q1 (Jan - Mar) 2024

Jakarta is no longer the capital city of Indonesia under law number 2 of 2024 regarding the Special Regional Province of Jakarta. Despite this, Jakarta's investment landscape has remained strong, resilient, and attractive to investors. This is reflected in the first quarter (Q1) of 2024 (January-March), when Jakarta’s investment realization reached IDR 58 trillion and secured the second spot nationally with a 14.5% contribution. Furthermore, this investment realization in Jakarta indicates the investor’s trust and confidence in Jakarta’s growth and supports Jakarta's mission to become a global city.

The investment realization in Q1 2024 showed a remarkable increase of 60.2% compared to the same period last year. The Domestic direct investment (DDI) was a major contributor during this period, totaling IDR 35.3 trillion, an 86% increase compared to Q1 2023. At the same time, foreign direct investment (FDI) increased by 28% from last year, reaching US$ 1.54 million. This upward trend in investment highlights Jakarta's appeal as a promising investment hub, attracting local and international investors.

Moreover, South Jakarta remains the leading area for investment realization, with IDR 24.3 trillion, 41.6% of the total investment across Jakarta. In the breakdown of investment realization in Jakarta, Central Jakarta has the highest DDI with IDR 12 trillion or 20.6% of the total DDI in Jakarta. Simultaneously, South Jakarta has the highest FDI with IDR 14 trillion, representing 24.8% of the total FDI in Jakarta. Overall, during Q1 2024, investment realization increased in every region of Jakarta compared to the same period last year for both Domestic Direct Investment (DDI) and Foreign Direct Investment (FDI).