East Java Investment Performance

From year to year, East Java has grown to become a
favorite investment destination for businesses; both foreign and
domestic investors. Investment in East Java grows convincingly.

The investment realization performance of East Java in
the first semester of 2020 recorded a growth rate of 59.2 percent
(y-o-y), or exceeding the national investment performance which
rose in the range of 1.8 percent (y-o-y). Investment Coordination
Board (BKPM) Indonesia Republic official data release , in January-
June 2020, total investment (FDA and DDI) in East Java is worth
IDR 51 trillion, consisting of IDR 12.5 trillion of Foreign Direct
Investement (FDA) and IDR 38.4 trillion of Domestic Direct
Investment (DDI).

East Java achieve second ranks nationally, after West
Java, which recorded a realization figure of IDR 57.9 trillion, and in
third place, DKI Jakarta, which was IDR 50.2 trillion.

There are various sectors as investment destinations in
East Java, ranging from agribusiness, energy,transportation,and
manufacturing, to tourism. The presence of these investments
was able to create jobs to more than 790,000 workers, both in the
primary, secondary, and tertiary sector.

The realization of the East Java DDI was
supported by transportation, warehouse
and telecommunications sectors which
contributed Rp. 18.72 trillion, while FDI
realization was mainly supported by the
chemical and pharmaceutical industry
sector with the value of Rp4.26 trillion.
Pasuruan Regency is a favorite of DDI
location with a realization value of
Rp2.6 trillion, meanwhile Surabya city be
the FDI favorite with a realization value
of IDR 11.5 trillion. Highest investment
contribution came from Singapore with a
realization of IDR4.03 trillion.
(Source : LKPM, 2020)