Prabowo's Japan Visit Secures US$23.1bn in Investment Pledges

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TEMPO.CO, Jakarta – Indonesia has secured investment commitments worth US$23.1 billion, or about Rp390.4 trillion, from Japan following President Prabowo Subianto’s visit to the country from March 29 to 31, 2026.

Investment and Industry Minister Rosan Perkasa Roeslani said the commitments were signed during the Indonesia-Japan Business Forum in Tokyo on Monday, March 30.

“Despite ongoing global geopolitical tensions, international confidence—especially from Japan—remains strong, and they are committed to investing in Indonesia in the future,” Rosan said in a written statement on Tuesday, March 31.

The largest portion of the commitment, US$20.9 billion, is earmarked for the development of the Abadi Gas Field in the Masela Block, through cooperation between state energy company PT Pertamina (Persero) and Japanese oil and gas firm INPEX.

In addition, SMBC Aviation Capital committed US$800 million to Indonesia’s sovereign wealth fund, Danantara.

State-owned pawnshop company PT Pegadaian (Persero) also secured a US$300 million funding commitment from Sumitomo Mitsui Banking Corporation, aimed at supporting financial inclusion and the development of Indonesia’s gold ecosystem.

Another US$500 million will come from 2Way World and Indonesian partners for cooperation in the beauty and aesthetics sector.

The remaining commitments will be directed toward geothermal projects across Indonesia.

“Japan has shown particularly strong interest in renewable energy,” Rosan said.

He added that Japan remains one of the top five sources of foreign direct investment (FDI) in Indonesia. In 2025, realized Japanese investment in Indonesia reached US$3.1 billion, or around Rp52.4 trillion.

Read: Prabowo Calls Himself a Micromanager at Tokyo Business Forum

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