Indonesia Needs US$800bn Investments by 2029 to Achieve 8% Growth

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February 6, 2026 | 09:04 am

TEMPO.CO, Jakarta - Indonesia is on the right pathway to achieve 8 percent economic growth, said Rosan Perkasa Roeslani, the Minister of Investment and Downstream and Danantara CEO. He emphasized that accelerating policy implementation is vital to reach this goal.

Rosan mentioned that the government is open to investment collaborations with foreign state investment institutions like Singapore's Temasek Holdings and Malaysia's Khazanah Nasional, particularly in joint projects within the regions.

"Heading to the 8 percent economic growth, we believe we are on the right track but we just need to accelerate the implementation," said Rosan at the CNA Summit 2026 forum held at The Ritz-Carlton Jakarta, Pacific Place, South Jakarta, on Thursday, February 5, 2026.

Rosan cited Indonesia's investment achievement last year, which reached US$120 billion, surpassing national target. According to Rosan, this achievement is a collaborative effort between the government, the private sector, and foreign investors.

To achieve the 8 percent economic growth target set by President Prabowo Subianto, Indonesia requires around US$800 billion in investments by 2029, a 60 percent increase compared to the total investment of US$500 billion recorded from 2014 to 2024.

According to Rosan, the challenge faced in this endeavor would be ensuring high-quality investments by creating job opportunities to maintain a sustainable growth. 

He stated that Indonesia's development course aligns with the global trend, which increasingly emphasizes quality investments as the foundation for long-term economic growth.

Read: Indonesia Records 5.11% Economic Growth in 2025, Falls Short of Govt Target

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