Jakarta (VNA) – Indonesia hopes that investment from Japan will increase in 2017, headof the country’s Investment Coordinating Board (BKPM) Thomas Lembong said.
Japanis now the second largest foreign investor in Indonesia, with investmentfocusing on infrastructure facilities such as power plants and transport.
Thisyear, Japanese investors have plans to pour money into real estate, seatransport and seaports.
Indonesiais creating favourable conditions for Japanese firms to reach agreements withlocal partners, Lembong said.
Accordingto the BKPM’s data, as of the third quarter of 2016, Japan poured 1.6 billionUSD in 425 projects in Indonesia, representing remarkable increases from 917million USD with 399 projects on a yearly basis.-VNA
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