Indonesia Commits $1 Billion to BRICS New Development Bank

Strategic Investment in BRICS Economic Initiative

Indonesia has officially joined the BRICS bloc as its 10th member in January 2025, automatically becoming part of the New Development Bank (NDB). Following this membership, the Indonesian government has committed to investing $1 billion (approximately Rp 16.66 trillion) in the NDB. This significant investment was announced by Coordinating Minister for Economic Affairs Airlangga Hartarto during the Indonesian Chamber of Commerce and Industry (Kadin Indonesia) National Leadership Meeting held at The Park Hyatt Hotel Jakarta on December 1, 2025.

Economic Implications of Membership and Investment

The investment in NDB represents a strategic move by Indonesia to engage more deeply with the BRICS economic grouping. As a member of NDB, Indonesia will not only contribute financially but also participate in shaping the bank's development projects. The NDB, established by BRICS countries (Brazil, Russia, India, China, and South Africa), focuses on financing infrastructure and sustainable development projects in member countries and other emerging economies.

Government's Economic Strategy

Airlangga Hartarto emphasized that Indonesia's membership in NDB is a natural progression following its entry into BRICS. The government's decision to invest $1 billion demonstrates its commitment to strengthening economic cooperation with other BRICS member countries. This move is expected to open up new opportunities for Indonesia in terms of infrastructure development, trade, and investment.

Future Prospects

As Indonesia becomes more integrated with the BRICS economic bloc, it is likely to benefit from increased collaboration in various sectors. The investment in NDB is seen as a positive step towards achieving this goal, potentially leading to more robust economic ties between Indonesia and other BRICS nations.