Tue, 23 Mar 2010

Jakarta (ANTARA News) - Chief Economic Minister Hatta Rajasa said Indonesia is still considered conducive for investment by foreign investors.

"Foreign investors still regard Indonesia as a conducive place for investment in portfolio, real sector as well as manufacturing. Our exports are also increasing," he said after a coordination meeting on an upcoming Asean Summit in Hanoi here on Monday.

He said the situation right now was very conducive and therefore he was optimistic investment would increase, adding efforts had to be made to increase investment by more than 10 percent particularly foreign investment.

"Investment is increasing and so is the interest of foreign investors. The head of the Capital Investment Coordinating Board (BKPM) has also seen the optimism that investment would increase," he said.

He said there are still investment projects that have not yet been put in the BKPM list of realized projects.

"Based on realization those in the BKPM list are not representing all investments yet. Investments in the oil and gas sector have not yet been included," he said.

BKPM Chief Gita Wirjawan said BKPM targeted investment growth of 15 percent in 2010 to reach Rp160 trillion in value from Rp135 trillion in the previous year.

"We can say that in 2010 investment will grow 10 to 15 percent from Rp135 trillion last year," he said.

Gita believed it would be achieved through improvement of management and a one-stop service facility.(*)