August 28, 2025 | 10:51 am
TEMPO.CO, Jakarta - Deputy Minister of Investment and Downstream Industry Todotua Pasaribu highlighted China as one of Indonesia's largest investors. Todotua stated that China's investment in Indonesia has grown by 31 percent over the past six years.
"China's investment realization during the period of 2020 to the first semester of 2025 has reached approximately US$35.3 billion," said Todotua at the OCBC One Connect event in Jakarta on Wednesday, August 27, 2025. By sector, the largest investment came from the basic metal processing industry at US$15.55 billion, or equivalent to 44 percent of the total investment.
The next largest investments came from the transportation, warehousing, and telecommunications sectors with a value of US$6.39 billion, or equivalent to 18 percent of the total investment. The chemical and pharmaceutical industry followed this with an investment value of US$3.41 billion, or equivalent to 10 percent.
Based on the location, Todotua said that most of China's investments are outside of Java Island. He claimed the dispersion of locations outside of Java Island was the government's effort to equalize the distribution of investment. According to Todotua, China's investments have increased along with the development of Indonesia's private sector. The three main sectors currently receiving Indonesia-China investment are manufacturing, infrastructure, and renewable energy, including electric vehicles.
Todotua also stated that since 2013, China has become the main investor in Indonesia's mineral sector. The Ministry of Investment and Downstream Industry noted that from 2004 to 2023, there were 47 Chinese investment projects in Indonesia's mineral sector, with a capital expenditure of US$48.285 million. "Indonesia is the main destination for mineral investment," said Todotua.
On the same occasion, Parwati Surjaudaja, the President Director of OCBC Indonesia, stated that the OCBC One Connect event is expected to facilitate connections between investors and business players. "This is our third year holding a cross-country forum in collaboration with OCBC Singapore, where we want to be more than just a financial service provider, but also a bridge for our clients," she said.
Parwati also highlighted the signing of a memorandum of understanding between the Indonesian government and China in May 2025, where both countries agreed to promote the development of twin industrial parks and the use of local currencies in bilateral trade. "This shows the momentum of Indonesia's industry and emphasizes the need for collaboration and opportunities," she added.
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