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View all search resultsRI draws investors fleeing Middle East, minister claims
Investment realization is estimated at around Rp 497 trillion ($29 billion) in the first quarter of 2026, up about 7 percent year-on-year.
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Haj village update: Investment and Downstream Minister and Danantara chief executive officer Rosan Roeslani delivers a press statement on Dec. 17, 2025, at the Presidential Palace Complex in Central Jakarta, on the progress of the Indonesian haj village development in Saudi Arabia. (Antara/Cahya Sari)
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nvestment and Downstream Minister Rosan Roeslani has claimed that escalating tensions in the Middle East are pushing foreign investors seeking safer destinations, with some considering shifting their focus to Indonesia due to its political stability.
Speaking at a hearing with the House of Representatives Commission XII overseeing energy and mineral resources, on Monday, Rosan said investors, particularly from the Middle East, are stepping up engagement with the administration.
“We are seeing that with heightened tensions, especially in Middle Eastern countries, investors from the region are intensifying discussions with us. We are also actively meeting prospective investors,” he told a House hearing, without specifying sectors or types of investment that could be redirected.
Rosan, who also serves as chief executive officer of state asset fund Danantara, said the fund is exploring potential aviation partnerships between PT Garuda Indonesia and several Gulf carriers, including efforts to improve the efficiency of Haj flights, potentially through the formation of a joint venture as directed by President Prabowo Subianto in the last cabinet plenary hearing.
He added the fund remains “open” to various opportunities and had also held preliminary talks with United Arab Emirates carriers, Emirates and Etihad, but added that the transformation process will take time, particularly as rising global jet fuel prices continue to weigh on the aviation industry.
Read also: Danantara’s first year sparks doubts over investment focus, economic role
Overseas visits by President Prabowo also have helped boost investor confidence, as the president meets global business leaders to present the country’s economic outlook and policy direction, Rosan told lawmakers.
