Jan-May actual investment jumps 80.9%
Actual investment in the first five months to May surged 80.9% to Rp93.9 trillion ($10.4 billion) from Rp51.9 trillion a year ago, Bisnis Indonesia reported on Tuesday, citing Investment Coordinating Board (BKPM) chairman Muhammad Lutfi.
Of the amount, actual foreign direct investment (FDI) jumped 164.1% to Rp88.02 trillion from Rp33.3 trillion in the same period last year, Thomson Financial reported.
However, actual domestic investment fell 68.2% to Rp5.9 trillion from Rp18.6 trillion a year ago.
He said the largest actual FDI was in transportation, storage and communication, which totaled $6.55 billion.
Of the amount, actual foreign direct investment (FDI) jumped 164.1% to Rp88.02 trillion from Rp33.3 trillion in the same period last year, Thomson Financial reported.
However, actual domestic investment fell 68.2% to Rp5.9 trillion from Rp18.6 trillion a year ago.
He said the largest actual FDI was in transportation, storage and communication, which totaled $6.55 billion.