Actual foreign direct investment (FDI) in Indonesia dipped in January from the same period last year, data showed on Thursday (15\/2\/07), but the state investment agency (BKPM) said full-year investment is likely to pick up.<\/p>\n
The agency said actual FDI last month fell to Rp2.7 trillion ($298.6 million). Investment approvals in January, however, rose to $1.19 billion from $463 million in the same month last year and the investment agency said it expects last month\u2019s fall in actual FDI to be only temporary.<\/p>\n
"We can't expect the same figure every month. It is normal if the data fluctuates. When there is a project worth billions of dollars the investment figure may jump sharply and similarly otherwise," Darmawan Djajusman, deputy of promotion and investments at the agency, told Reuters.<\/p>\n
"But overall, we still expect investment to grow 15% this year from last year," Djajusman said.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/fdi-expected-to-improve-1171987960", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }