Senin, 01 November 2010

Economy : Indonesia’s FDI up 32% 9M10 yoy


Indonesia saw foreign direct investment jump 32%to Rp 111.1tn  (US$12.4bn), excluding oil and gas, and banking, in 9M10, with the property sector attracting the most investment.
Among notable recipients of foreign funding were the real estate, industrial estate and office- building sector, with US$800mn. It was followed by mining (US$700mn; 88 projects); transportation, storage and telecommunications (US$600mn); foodstuffs ($400mn); and plantations ($300mn).
The BKPM also released data on domestic investment showing it had risen 36.5% to Rp 38.5tn from a year earlier. The top five sectors were plantations (Rp 4.5tn); transportation, storage and telecommunications (Rp 3.1tn); foodstuffs (Rp 2.8tn); chemicals and pharmaceuticals:(Rp 1.4tn); and other services (Rp 1.1tn).

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