Singapore ยท Regional expansion
Minerals made up almost two-thirds of Indonesia's downstream investment
Indonesia recorded IDR 584.1 trillion in realised downstream investment in 2025. Minerals accounted for IDR 373.1 trillion. Foreign direct investment made up 73.5% of the downstream total and a smaller share of overall investment.
Sources checked
The first four table rows are comparable sector amounts. The remaining rows give ownership and overall totals.
Minerals were the biggest component
The mineral category accounted for approximately 63.9% of the IDR 584.1 trillion downstream total. Plantations and forestry accounted for about 24.7%, followed by oil and gas and marine and fisheries. Published components differ from the total by IDR 0.1 trillion after rounding. Source 1
The ownership mix differs from the overall figures
Foreign direct investment accounted for IDR 429.6 trillion of downstream investment, or 73.5%. In the total investment release, it accounted for IDR 900.9 trillion or 46.6%. Downstream is a subset of that larger reported total. Source 1
The leading downstream location differs from the overall ranking
BKPM ranks Central Sulawesi first for downstream investment followed by North Maluku. West Java led the overall investment table. A location's rank depends on which investment categories are included. Source 1
Realised investment is the release's basis
BKPM uses investment realisation and reports it against a government target for the year. It records downstream as 30.2% of overall investment and says it grew 43.3% over 2024. These amounts describe reported investment implemented rather than the value of new approvals. Source 1