Indonesia’s investment report highlights sectors ripe for foreign investment, including the development of local smelters for nickel reserves and becoming a global producer for electric vehicle batteries.
We discuss standout sectors in this H1 2023 Indonesia investment report, shedding light on key areas ripe for foreign capital infusion, trade expansion, and business development.
During the first half of 2023, Indonesia recorded 363 trillion rupiah (US$23 billion) in foreign investment and 315 trillion rupiah (US$20.4 billion) in domestic investments.
Indonesia recorded an estimated US$43 billion in foreign investment in 2022, an increase of 44 percent from 2021 and the highest in the country’s history. When combined with domestic investments, this totals to US$80 billion, an increase of 34 percent from 2021.
