Indonesia's Foreign Direct Investment Slows in the Third Quarter '13

By admin
Posted 23 October 2013 | 02:46

Insider Stories - The growth of realized foreign direct investment (FDI) in Indonesia slowed in the third quarter of this year, amid global economic slowdown, weak rupiah and ahead of next year's general election that could add to more uncertainties to business environment.

In US dollar terms, the Investment Coordinating Board (BKPM) data showed that FDI stood at $6.98 billion in the July-September period. It grew 18.4 percent from the corresponding period last year.

However, the pace of growth slightly eased.

In the second quarter, FDI annually grew 19 percent to $7.17 billion.

In the July-September period, investment in mining contributed the biggest, with $1.44 billion recorded (up 36 percent on annualized basis), or equivalent to 20.6 percent of the total figure.

The category of motor vehicles & other transport equipment industry followed in the second place ($919 million) and metal, machinery & electronic industry in the third ($907.3 million).

For detailed information on FDI in Q3, click here


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