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The government expects $3.2 billion of investment to flow into the mining sector this year as foreign investors turn to Indonesia to capitalize on possible increases in global commodities, an Energy Ministry official said. A looming increase in global demand for commodities will lure investors, said Bambang Setiawan, director general of mineral, coal and geothermal at the Energy Ministry.

The government has pledged to speed up development of a large-scale food production area and curb farmland conversion in a bid to slow rising food prices. “We will go all out in tackling this problem. Last year, the food estate development encountered several problems related to spatial planning, but we have sorted this out,” said Hatta Rajasa, coordinating minister for the economy.