Thu, 29 Jul 2010

TEMPO Interactive, Jakarta:New investments during the first semester of this year reached Rp 92.9 trillion. According to the chairman of the Investment Coordinating Board (BKPM), Gita Wirjawan, 58.1 percent of this year’s Rp 160 trillion investment target had been fulfilled.

“I am optimistic that the target can be achieved,” Gita told reporters at his office today. However, he cautioned that to achieve the target, there must be infrastructure development.

According to Gita, new investment during the first semester of 2010 increased by 39.9 percent compared to the same period in 2009, valued at Rp 66,4 trillion.

The Rp 92,9 trillion, Gita said, comprised Rp 71 trillion from foreign investments and Rp 21,9 trillion from domestic investments.