Did Prabowo's Overseas Trips Really Secure Rp2,430tn in Investment?
Summarized and contextualized by DistantNews.
At a glance
- President Prabowo Subianto's overseas trips have been defended by Cabinet Secretary Teddy Indra Wijaya as a driver of investment.
- Teddy cited Rp2,430 trillion in investment, but data shows this figure combines domestic and foreign investment over 15 months.
- Domestic investment accounted for 52.64 percent of the total, raising questions about the attribution of the full amount to Prabowo's trips.
Cabinet Secretary Teddy Indra Wijaya has defended President Prabowo Subianto's frequent overseas trips, asserting they have attracted trillions of rupiah in investment to Indonesia. Teddy stated that the visits generated approximately Rp2,430 trillion in investment during Prabowo's first 1.5 years in office, citing data from the Investment Coordinating Board (BKPM).
However, an examination of official investment data reveals that the Rp2,430 trillion figure encompasses both foreign direct investment (FDI) and domestic investment realized between the first quarter of 2025 and the first quarter of 2026. During this period, domestic investment (PMDN) reached Rp1,279.1 trillion, while foreign investment (PMA) totaled Rp1,150.9 trillion.
This breakdown shows that domestic investment constituted 52.64 percent of the total, with foreign investment making up 47.36 percent. The data contradicts the implication that the entire Rp2,430 trillion was solely a result of foreign capital attracted by Prabowo's international engagements. The figures provided by Teddy, while reflecting overall investment realization, do not exclusively attribute this sum to the outcomes of the president's foreign visits.
The total investment realized during this 1.5-year period is around Rp2,430 trillion, based on data from the Investment Coordinating Board (BKPM).
Originally published by Tempo. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.