Indonesia 1Q investment may rise 20% on year from $7.3 bln -Government INSIDER NEWS
(Insider Stories) — Direct investment in Indonesia in the first quarter of will likely increase more than 20% from 71.2 trillion rupiah ($7.3 billion), the Chairman of the government’s Investment Coordination Board, BKPM, said Friday.
Total investment commitments logged in BKPM’s pipeline last year were IDR860 trillion, Chatib Basri said on the sidelines of an event to open Toyota’s second production plant in Karawang International Industrial City outside Jakarta.
Six companies consisting of consumer-products makers, component manufacturers and others have realized investments in Indonesia so far this quarter, he said.
