The Ministry of Investment or the Investment Coordinating Board (BKPM) reports that investment realization in the fourth quarter of 2021 has increased from the previous Rp. 214.7 trillion to Rp. 241.6 trillion. This indicates that the realization of the investment rose by 12.5%.
Minister of Investment/BKPM Bahlil Lahdalia said that this increase indicated that the economic recovery was going in a better direction, increasing than before.
Furthermore, the realization of an investment of Rp. The 241.6 trillion consisted of Foreign Investment (PMA) of Rp. 122.3 trillion (50.6 percent) and Rp. 119.3 trillion (49.4%).
Bahlil Lahadalia in a press conference, Thursday (27/1) explained, “So last year compared to this year the fourth quarter grew by 15% (PMDN) this is the fruit of hard work from the investment ministry team.”
According to his statement, the investment realization in the fourth quarter of 2021 was mostly concentrated outside Java, reaching Rp 127.5 trillion or 52.8 percent. Meanwhile, in Java, it was only Rp 114.1 trillion or 47.2%.
By sector, the base metal industry still dominates the investment with a value of Rp. 117.5 trillion. Then, the housing sector of Rp. 117.4 trillion, the transportation industry of Rp. 107.4 trillion, electricity industry Rp. 81.6 trillion, and the mining industry at Rp. 81.2 trillion.
He also added that investment growth outside Java is currently higher than when he initially entered the Ministry of Investment in the third quarter of 2020. This growth is the impact of President Jokowi-Jusuf Kalla’s infrastructure development in the first period ago.
A very good impact was created because the realization of the investment was successful. The increase in the investment rate has resulted in a large number of workers being absorbed.
It is reported that the number of absorbed workers reached 295,491 people. This is an increase of about 0.24% from the 2020 period.
What’s interesting about this is that in the fourth quarter of 2021, DKI Jakarta will become the area with the largest investment, amounting to IDR 30.8 trillion. Whereas usually, the first position is occupied by West Java.
In the last three months of last year, the realization of investment in West Java was in second place, which was Rp. 28.9 trillion. Then, the realization of investment in East Java was recorded at Rp. 26.8 trillion, East Kalimantan Rp. 16.4 trillion, and North Maluku Rp. 15.3 trillion.
Furthermore, the realization of investment by the country that entered in the fourth quarter of 2021 was still dominated by Singapore, which amounted to US$ 2.1 billion. Followed by Hong Kong at US$1.5 trillion, the United States at US$.12 billion, China at US$0.9 billion, and Japan at US$0.5 billion.