Mon, 03 May 2010

Jakarta (ANTARA News) - Chief of the Investment Coordinating Board (BKPM) Gita Wirjawan said investment in the first quarter of this year reached Rp42.1 trillion.

"Investment in the first quarter of this year reached Rp42.1 trillion consisting of 574 projects," Wirjawan said here on Sunday.

He said that the foreign investment was recorded at Rp35.4 trillion or US$3.8 billion in 424 projects while domestic investment accounted for Rp6.7 trillion in 150 projects.

The biggest foreign investment was made in the transportation sector, warehouses and communications amounting to US$941.5 million in 23 projects.

It was followed by the mining sector with an investment of US$711.2 million in 39 projects, electricity, gas and clean water with nine projects amounting to US$681.6 million.

The foreign investment was also made in 20 projects of housing, industrial zones and office building accounting for US406.1 million. The other foreign investment was made in the motor vehicle and transportation sectors with 10 projects worth US$244.6 million.

In the meantime, the biggest domestic investment of Rp1.9 trillion was made in seven projects in the transportation sector, warehousing and communications.

The trade sector and repair projects were the second biggest to receive domestic investment with eight projects worth Rp1.3 trillion in the first quarter of 2010.

The other sectors included gas and clean water sectors with 12 projects worth Rp1.2 trillion.

About Rp 800 billion had been invested in two service projects while Rp400 billion in machine, metal and electronic industries with 94 projects valued at Rp400 billion. (*)