Indonesian Political, Business & Finance News

Archive: 1 November 2010

1 article found

Foreign Investment in Indonesia Up 32%, With Property Leading Way

Indonesia. Indonesia saw foreign direct investment jump 32 percent to Rp 111.1 trillion ($12.4 billion), excluding oil and gas, and banking, in the first nine months of the year, with the property sector attracting the most investment. “The investment realization figures are very promising,” Gita Wirjawan, chairman of the Investment Coordinating Board (BKPM), said at the board’s headquarters in Jakarta on Sunday.