Lutfi Sees Drop in Investment Investment in Indonesia is predicted to total $17 billion in 2009, Muhammad Lutf
Investment in Indonesia is predicted to total $17 billion in 2009, Muhammad Lutfi, the chairman of the country’s investment board said, lower than an earlier target of around $20 billion due to the global economic crisis.
Analysts have warned that the country, which is a major exporter of commodities such as palm oil and rubber, could see a slowdown on the back of a slide in commodity prices.
Lutfi said the board would focus on boosting investment in agribusiness, energy and agriculture.
Analysts have warned that the country, which is a major exporter of commodities such as palm oil and rubber, could see a slowdown on the back of a slide in commodity prices.
Lutfi said the board would focus on boosting investment in agribusiness, energy and agriculture.