What economic growth figures does Indonesia highlight to attract US investors?

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Indonesia Highlights Robust Economic Growth and Investment Realisation to Attract US Investors

Indonesia is showcasing its strong economic performance and significant investment figures to encourage United States investors to participate in the development of its new capital city, Nusantara. The nation’s economic growth rate and controlled inflation are presented as key indicators of stability and opportunity. Furthermore, the government emphasises the substantial investment already realised and the potential for further growth, particularly in sectors crucial for supporting the new capital's infrastructure and trade.
Third Quarter Economic Growth Reached 4.94 Per Cent

The Indonesian economy demonstrated resilience by achieving an annual growth rate of 4.94 per cent in the third quarter of 2023. This figure is being used to assure potential investors of the country's sustained economic momentum amidst global economic uncertainties. Alongside this growth, inflation was maintained at a low 2.28 per cent as of September 2023, indicating a stable price environment conducive to investment.
Investment Realisation Reaches RM1.1 Billion by September 2023

Indonesia has reported a significant investment realisation of Rp374.4 trillion, equivalent to approximately RM1.1 billion, by the end of September 2023. This substantial figure, which also absorbed 516,467 workers in the third quarter, underscores the country's capacity to attract and manage large-scale investments. The government highlights these achievements to demonstrate the tangible progress and economic activity already underway.
US Investments Already Significant, With Potential for More

The United States private sector has already established a notable presence in Indonesia, with substantial investments recorded, particularly in sectors such as mining, machinery, and pharmaceuticals. In 2022 alone, US investment realisation amounted to US$3 billion (RM13.9 billion), positioning the US among the top five investing nations in Indonesia. This existing strong relationship is being leveraged to encourage further US participation in the ambitious Nusantara project.
Focus on Trade-Supporting Sectors for Nusantara

The Indonesian government is actively seeking private investment for various sectors essential to the development of Nusantara, including infrastructure, transportation, and logistics. These trade-supporting sectors are identified as critical for establishing Nusantara as a super hub with integrated industrial areas and strategic trade routes. The Ministry of Trade is collaborating with the IKN Authority and other agencies to ensure the new capital fosters economic equality and strengthens Indonesia's trade sector.

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What economic growth figures does Indonesia highlight to attract US investors?

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