Indonesian Political, Business & Finance News

Indonesia's Q1 Investment Reaches Rp210.7 Trillion Despite COVID-19 Pandemic

| Source: GALERT
Jakarta, IDN Times - Amid the COVID-19 pandemic, investment realisation in Indonesia during the first quarter reached Rp210.7 trillion, representing a 1.2 per cent increase. According to the Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia, the investment realisation stemmed from the distribution of 25,192 investment projects.

"The coronavirus has had a systemic, massive and structured impact. COVID-19 has delivered economic consequences on a global scale. This has not only occurred in Indonesia, but in nearly all countries. In fact, several nations have already entered economic recession," Bahlil said during a virtual press conference on BKPM's YouTube channel on Monday (20/4).
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