Sun, 03 May 2009
TEMPO Interactive, Jakarta: Investments in Indonesia recorded at US$ 1.57 billion (Rp 14.11 trillion) during April 2009. Around US$ 1.4 billion (Rp 12.6 trillion) of the amount were foreign investments and US 170 million (Rp 1.51 trillion) was from local investors.

Indonesia Investment Coordinating Board informed the figures on Friday (2/5) in the opening day of a three-day conference of the Asian Development Bank in Bali.

Muhammad Lutfi head of the board said biggest local investment was made on textile industry at Rp 446.4 billion, followed by food industry at Rp 312.3 billion, steel at Rp 180.6 billion, basic chemical at Rp 177.3 billion, rubber and plastic industry at Rp 153 billion.

East Java province received the highest local investment at Rp 615,1 billion, followed by West Java Rp 215 billion, North Sumatra Rp 146,6 billion, Central Java Rp 125 billion, and West Sumatra Rp 113,1 billion.

Largest foreign capitals were invested in transport, warehouse/storage and communication with combined value at US$ 1.2 billion. Utility industry came second with US$ 60.4 million, food industries US$ 45.7 million, leather and shoes industries US$ 37.9 million, steel and electronic with US$ 33.5 million.

Jakarta received the largest cut of foreign investment at US 1.1 billion, followed by West Java, South Sulawesi, East Java, and Central Java with US$ 122,8 million, US$ 60,4 million, US$ 42,2 million, and US$ 33,1 million repectively.

The Netherlands made the biggest investment in April according to the investment agency at US$ 1.1 billion, Australia came second with US$ 61,5 million, Singapore third US$ 44,5 million, next Italy and Japan with US$ 37,9 million and US$ 24,2 million resepectively.

RIEKA RAHADIANA



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