TEMPO.CO, Jakarta - President Prabowo Subianto's recent state visits to Japan and South Korea resulted in total investment commitments of Rp574 trillion, revealed Coordinating Minister for Economic Affairs Airlangga Hartarto.
Airlangga stated that this figure is highly significant. "Because Indonesia, amid uncertain geopolitical situations, continues to attract investors from both Japan and Korea," he said while providing an update from Seoul, South Korea, as quoted via the Presidential Secretariat's YouTube channel on April 2, 2026.
The former industry minister disclosed a series of investment commitments stemming from the visits. First, from South Korea, a Memorandum of Understanding worth US$10.2 billion, or Rp173 trillion, has been signed. The targeted investment sectors include energy and green transition, solar power, carbon capture and storage (CCS), and renewable energy.
There are also commitments in industry and manufacturing, such as steel, batteries, transit, and eco-friendly transportation. Additionally, the digital and AI sectors, property, and infrastructure were included in the agreements.
Meanwhile, the government's visit to Japan resulted in a Memorandum of Understanding worth US$23.6 billion, or Rp401 trillion. The investment sectors spanned energy and energy transition, oil and gas—specifically the Masela project—industry and downstream processing, as well as finance and financial inclusion. The creative industry and manufacturing were also highlighted.
"This means the President's visit to these two countries has led to investment commitments of Rp574 trillion," Airlangga stated.
Japan currently ranks third in investment and trade with Indonesia, while South Korea ranks seventh. According to Airlangga, both countries are hopeful that with the existence of Sovereign Wealth Funds like Danantara, Indonesia can also engage in strategic co-investment partnerships.
Airlangga Hartarto accompanied Prabowo Subianto throughout the official visit to Japan, which began on Sunday, March 29, 2026, before the delegation continued to Seoul, South Korea.
Read: Prabowo Returns Home to Jakarta After Securing Deals in Japan, South Korea
Click here to get the latest news updates from Tempo on Google News
Prabowo Meets K-Pop Idol Carmen of Hearts2Hearts During South Korea Visit
45 menit lalu
Indonesian President Prabowo Subianto had a meeting with Indonesian K-Pop group Hearts2Hearts member, Carmen, during a state visit to South Korea.
Prabowo Returns Home to Jakarta After Securing Deals in Japan, South Korea
4 jam lalu
Indonesian President Prabowo Subianto arrived in Jakarta early Thursday morning, after completing his visit in Japan and South Korea.
Prabowo Calls Indonesia, South Korea Fellow Middle Powers
14 jam lalu
Prabowo noted that his visit to the Land of Ginseng occurred amid a globally uncertain and volatile environment.
Prabowo's Japan Visit Secures US$23.1bn in Investment Pledges
14 jam lalu
The largest share of the investment commitment, US$20.9 billion, is allocated for the development of the Abadi Gas Field in the Masela Block.
Indonesia's Prabowo Receives South Korea's Highest State Honor
16 jam lalu
President Prabowo Subianto received South Korea's highest state honor, the Grand Order of Mugunghwa, at a friendship event in Seoul.
Lee Jae Myung Offers Condolences After Indonesian Peacekeepers Died in Lebanon
17 jam lalu
Three Indonesian peacekeepers were killed in two separate incidents in Southern Lebanon. The two incidents occurred within 24 hours.
Today's Top 3 News: Prabowo Calls Himself a Micromanager at Tokyo Business Forum
18 jam lalu
Here is the list of the top 3 news on Tempo English today.
Lee Jae Myung Hails Indonesia as Top Investment Hub for South Korea
19 jam lalu
Lee Jae Myung stated that Indonesia and South Korea have special meanings to each other and complement each other in various fields of cooperation.
Prabowo Calls South Korea a Close Friend of Indonesia
20 jam lalu
Prabowo commented that South Korea's progress in industry, science, and technology can synergize with Indonesia's strength.
Prabowo Calls Himself a Micromanager at Tokyo Business Forum
23 jam lalu
At the Japan-Indonesia Business Forum in Tokyo, Prabowo Subianto admitted he is a micromanager.
:strip_icc():format(jpeg)/kly-media-production/medias/5491263/original/038261600_1770089716-wehrmann_j.jpg)
:strip_icc():format(jpeg)/kly-media-production/medias/5390165/original/033586000_1761235850-Persib_Bandung_1.jpeg)
