Indonesia ranked fourth out of the five countries and territories in East and Southeast Asia attracting the most foreign direct investment (FDI) in 2012.
The information was revealed in the 2013 World Investment Report issued on June 26 by the United Nations Conference on Trade and Development (UNCTAD).
The other four listed are China, Hong Kong (China), Singapore and Malaysia.
Indonesia attracted 20 billion USD of FDI capital in 2012, maintaining the rate recorded in 2011, according to the report.
The capital was mostly used in the fields of manufacturing, telecommunications, automation, electronics and pharmaceuticals.
In recent years, Indonesia’s GDP growth has remained at 6 percent and the country is seen to have one of the economies with most potential in the region.
The total FDI poured into ASEAN member countries increased by 2 percent against 2011. Foreign investment in Cambodia, Myanmar, the Philippines and Vietnam continued to rise compared to the year before.
UNCTAD stressed that this is the first time FDI flow into developing countries has surpassed the amount towards developed ones, accounting for 52 percent of global FDI.-VNA
The information was revealed in the 2013 World Investment Report issued on June 26 by the United Nations Conference on Trade and Development (UNCTAD).
The other four listed are China, Hong Kong (China), Singapore and Malaysia.
Indonesia attracted 20 billion USD of FDI capital in 2012, maintaining the rate recorded in 2011, according to the report.
The capital was mostly used in the fields of manufacturing, telecommunications, automation, electronics and pharmaceuticals.
In recent years, Indonesia’s GDP growth has remained at 6 percent and the country is seen to have one of the economies with most potential in the region.
The total FDI poured into ASEAN member countries increased by 2 percent against 2011. Foreign investment in Cambodia, Myanmar, the Philippines and Vietnam continued to rise compared to the year before.
UNCTAD stressed that this is the first time FDI flow into developing countries has surpassed the amount towards developed ones, accounting for 52 percent of global FDI.-VNA
