Indonesian Political, Business & Finance News

Foreign investment in N Sumatra reaches $44 million until June

| Source: ANT
Medan, N Sumatra, (ANTARA News) - The North Sumatra Provincial Investment and Promotion Board (Bainprom) said eight foreign investors realized their investment proposals worth US$44.95 million in the first half of this year.

"In the first semester of this year we approved 21 foreign investment proposals and eight investors realized their investment proposals worth more than US$44.95 million," Bainprom Chief Sabrina said on Tuesday.

Four of the foreign investors were engaged in the service sector with a total investment of US$23.80 million, two in the food industry with US$15.10 million, one in the metal industry and another in industry with US$6.05 million, he said.(*)
Tags: business
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