TEMPO Interactive, Serang:The Banten Province is targeting Rp10.8 trillion in investments from foreign or national companies.
Muhamamd Husni Hasan, Regional Investment Coordinating Board (BKPMD) chairman, said he was convinced that investors’ interest in the province was still high.
“The investments in the third quarter last year amounted to 107 projects. Foreign capital investments topped US$423 million and regional investments were Rp1.9 trillion," Husni said in Banten yesterday (23/3).
Last year, Husni said, Banten’s foreign and national investments did not achieve the targeted Rp8.9 trillion.
The province only absorbed Rp5.97 trillion as the financial crisis hit the area.
Bank Indonesia office manager in Serang, Andang Setyobudi, said the economic growth in Banten decreased due to the crisis, to only 5.89 percent last year.
MABSUTI IBNU MARHAS