The Government of Indonesia has announced a five-point strategy to attract greater South Korean investment, focusing on infrastructure financing, electric vehicle (EV) manufacturing, trade facilitation and regulatory certainty. The plan was presented by Finance Minister Purbaya Yudhi Sadewa at the Korea-Indonesia Economic Partnership Forum 2026 in Jakarta, where he highlighted Indonesia’s resilient economic performance, supported by steady growth, low inflation and a sustained trade surplus.
The strategy includes accelerating investment approvals through a cross-ministerial task force to address regulatory bottlenecks, expanding implementation of the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA), and maximising the use of the US$1.5 billion Economic Development Cooperation Fund (EDCF) for 2022-2026. The EDCF will support priority infrastructure projects, including water supply, sanitation, digital infrastructure and smart city development.
Indonesia is also encouraging South Korean companies to expand investments in its electric vehicle supply chain by leveraging the country’s nickel resources and integrated battery manufacturing ambitions. The government reaffirmed its commitment to maintaining fiscal discipline, regulatory competitiveness and policy stability to strengthen investor confidence and promote long-term cooperation in infrastructure, clean mobility and industrial development.