Wed, 24 Dec 2008
From: Reuters
Investment in Indonesia is predicted to total $17 billion in 2009, Muhammad Lutfi, the chairman of the country’s investment board said, lower than an earlier target of around $20 billion due to the global economic crisis.

Analysts have warned that the country, which is a major exporter of commodities such as palm oil and rubber, could see a slowdown on the back of a slide in commodity prices.

Lutfi said the board would focus on boosting investment in agribusiness, energy and agriculture.



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