Foreign direct investment in Indonesia leaps 123% Jan-Aug
Jakarta (ANTARA News/Asia Pulse) - The value of foreign direct investment in the country skyrocketed 123.16 per cent year-on-year to reach US$11.7 billion in the first eight months of this year.
Implementation of foreign investment projects surged 106.8 per cent to US$8.13 billion and domestic investment jumped 171.91 per cent to US$3.57 billion, said chief of the investment board, Muhammad Lutfi.
Realization of investment was mainly in the transport, warehousing and telecommunications sectors, together representing 30 projects accounting for US$3.28
billion of the value.
Implementation of foreign investment projects surged 106.8 per cent to US$8.13 billion and domestic investment jumped 171.91 per cent to US$3.57 billion, said chief of the investment board, Muhammad Lutfi.
Realization of investment was mainly in the transport, warehousing and telecommunications sectors, together representing 30 projects accounting for US$3.28
billion of the value.