JAKARTA, Feb 11 (NNN-ANTARA) – Indonesian President, Prabowo Subianto, set an ambitious target of realising 814.6 billion U.S. dollars in investments, between 2025 and 2029, to achieve an eight percent gross domestic product (GDP) growth rate, a minister announced, here yesterday.
The target represents a 143 percent increase, compared to the total investment realised over the past decade, according to Indonesia’s Minister of Investment and Downstream Industry, Rosan Perkasa Roeslani. He noted that, investment is a key driver in achieving this goal.
“The total investment target for the next five years exceeds 800 billion U.S. dollars from 2025 to 2029. This marks a significant jump of approximately 143 percent compared to the past 10 years,” the minister said during a business forum.
He highlighted the critical role of investment in Indonesia’s economic structure, noting that, currently, about 53 percent of national economic growth is driven by domestic consumption, 28 percent by investment, nine percent by government spending, and two percent by net exports.
The minister also shared an official projection, indicating that, Indonesia’s economic growth is expected to rise steadily over the next five years, with an average annual investment growth of 15.67 percent.– NNN-ANTARA
