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Investment in Indonesia rises nearly 12 percent in Q1

Total direct investment in Indonesia rose 11.8 percent year-on-year (y/y) to 185.3 trillion rupiad (14.3 billion USD) in the first quarter of 2018, according to the Indonesia's Investment Coordinating Board (BKPM).
Investment in Indonesia rises nearly 12 percent in Q1 ảnh 1Total direct investment in Indonesia rises 11.8 percent year-on-year (y/y) to 185.3 trillion rupiad in the first quarter of 2018. (Photo: jakartaglobe.id)

Jakarta (VNA) - Total direct investment in Indonesia rose 11.8 percentyear-on-year (y/y) to 185.3 trillion rupiad (14.3 billion USD) in the firstquarter of 2018, according to the Indonesia's Investment Coordinating Board(BKPM).

Of the total, 76.4 trillion rupiad (5.9 billion USD) was domestic investment,up 11 percent year on year, while foreign investment hit 108.9 trillion rupiad(8.4 billion USD), up 11.3 percent, said BKPM Vice President Azhar Lubis.

The investmentwas mainly poured into West Java, Jakarta, Central Java, Banten and Riau.

The biggest foreign investorin Indonesia was Singapore, with 2.6 billion USD, followed by Japan (1.4billion USD), the Republic of Korea (900 million USD), China (700 million USD),and Hong Kong (500 million USD).

Indonesia planned to increase investment in and foster development in areas outsideJava, but more than 60 percent of total investment (8.6 billion USD) was still realizedin Java.-VNA

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#direct investment #Indonesia #rose 11.8 percent #185.3 trillion rupiad #Indonesia's Investment Coordinating Board (BKPM) #biggest foreign investor #Singapore #Vietnam News Agency #Vietnamplus Indonesia
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