The Jakarta Investment Realization Recap 2024
Jakarta remains a key pillar of Indonesia’s economic development, playing a crucial role in driving investment realization. A report by the Ministry of Investment and Downstream Industry/Investment Coordinating Board, which provides a comprehensive overview of national investment from January to December 2024, highlights the city's steady investment growth and its significant contribution to investment realization that strengthens the national economy.
According to this report, Jakarta's investment realization from October to December 2024 (Q4 2024) reached IDR 50.1 trillion. This amount includes Foreign Direct Investment (FDI) of USD 1.4 billion, which is equivalent to IDR 21.6 trillion, and Domestic Direct Investment (DDI) totalling IDR 28.5 trillion. Additionally, compared to the same period in 2023, the total investment realization, which includes both FDI and DDI, increased by 37.3% year-on-year (YoY).
Furthermore, in 2024, Jakarta secured the second-highest investment realization nationwide in combined FDI and DDI, which contributed IDR 241.9 trillion or 14.1% to the national total investment. In 2024, Jakarta ranked first in DDI with IDR 128.4 trillion (15.8%) and third in FDI with USD 7.6 billion (12.6%). In addition, Jakarta’s total investment recorded a YoY growth of 45.1% from January - December 2024 compared to the same period in 2023. These figures strengthen Jakarta’s position as an investment hub in Indonesia and align with its vision of becoming a global city, supported by its growing infrastructure and vast market potential.
Based on the sector, the largest contributor to Jakarta’s investment realization in 2024 was transportation, warehousing, and telecommunications, with IDR 87.2 trillion or 36% of the total investment. This was followed by other services with IDR 46.9 trillion (19%), trade and repair services with IDR 33.1 trillion (14%), housing, industrial estates, and offices complexes with IDR 20.7 trillion (9%), and construction with IDR 16.9 trillion (7%). These sectoral contributions highlight Jakarta's diverse investment landscape, reflecting its sustained growth and attractiveness as a leading investment destination in the country.
Moreover, based on region, investment realization in Jakarta for 2024 was primarily driven by South Jakarta, which accounted for 48.17% of the total investment, equivalent to IDR 116.49 trillion. This was followed by Central Jakarta with IDR 53.18 trillion, representing 21.99%, and North Jakarta with IDR 31.76 trillion, or 13.13% of the total investment. East Jakarta contributed IDR 20.56 trillion (8.50%), West Jakarta contributed IDR 19.82 trillion (8.20%), while the Thousand Islands recorded an investment of IDR 0.03 trillion (0.01%). This accomplishment reflects Jakarta’s strong investment climate and the trust of both foreign and domestic investors.
To conclude, Jakarta's strong investment performance in 2024, emphasizes its role in Jakarta driving Indonesia’s economic growth. With a vast market potential and growing infrastructure, Jakarta appeals to investors and continues to strengthen its position as a global city and a key economic hub in Indonesia.
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