Rise in Investment During First Half of 2006
\nThursday, 06 July, 2006 | 15:19 WIB<\/p>\n
TEMPO Interactive, Jakarta: According to the Capital Investment Coordinating Board (BKPM), the realization of investment during the first half of this year reached Rp45.24 trillion.<\/p>\n
This is a rise of 12.12 percent compared to the figure of Rp40.35 trillion recorded in the same period last year.<\/p>\n
Muhammad Luthfi, Head of BKPM, said that the majority of the realized investment came from foreign investment, amounting to Rp34.05 trillion in 487 projects.<\/p>\n
The remaining Rp11.9 trillion was from domestic investment and covered a total of 96 projects.<\/p>\n
\u201cThe investment growth of 12.12 percent is healthy. This is twice as high as the 2005 investment growth if compared to the previous year,\u201d he said yesterday (5\/7).<\/p>\n
Luthfi emphasized BKPM is targeting that by the end of year realized investment growth will reach 15.2 percent.<\/p>\n
\u201cWe are optimistic that we can achieve this and more,\u201d he said.<\/p>\n
The reason for this is that many foreign investors have showed their interest as regards investing in Indonesia.<\/p>\n
One example is in the automotive industry.<\/p>\n
\u201cIn the automotive industry there are two investors. TVS and Bajaj have invested in Indonesia.\u201d<\/p>\n
Luthfi went on to say that during this semester, the most interesting sectors for foreign and domestic investors have been metal, machinery and electronic industries.<\/p>\n
In those sectors, investment from foreign investors reached US$812.8 million, and from domestic investors Rp3.144 trillion.<\/p>\n
Other significant realized foreign investments were in the paper and printing industries amounting to US$438.4 million, the textile industry US$372.6 million, vehicles and other means of transportation US$316.3 million and the trade sector US$299.3 million.<\/p>\n
In terms of realized domestic investments, significant sectors are: food industry amounting to Rp2.055 trillion, services Rp1.607 trillion, plantation and products Rp1.51 trillion, transportation, storehouse and communications Rp817.4 billion.<\/p>\n
RR Ariyani<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/rise-in-investment-during-first-half-of-2006-1152179160", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }