Indonesia: Total Investment expanded nearly 30% YoY in Q1 – UOB

UOB Group’s Economist Enrico Tanuwidjaja comments on the latest Total Investment figures in the Indonesian economy.

Key Takeaways

“Indonesia’s total investment rose by 28.5% y/y to IDR 282.4tn in 1Q22, aided by a pick-up in foreign investment.”

“Investments outside of Java Island accounted for 52.7% of the total investment in 1Q22.”

“The investments added 319,013 jobs in 1Q22.”