GOI/FDI Up 15% in 1Q: BKPM

Posted by: biznews

GOI/FDI Up 15% in 1Q: BKPM - 02 Apr 07 07:24

From Government of Indonesia

FDI Up 15% in 1Q: BKPM

Actual foreign direct investments into Indonesia rose 15% on year to around $3 billion in the first quarter, preliminary figures issued Friday by the Investment Coordinating Board (BKPM) indicated, according to Dow Jones Newswires.

The board will issue the final first-quarter investment results sometime next week, Chairman Muhammad Lutfi told reporters.
Actual foreign direct investment fell 33% last year to $5.98 billion, the board said in January.

The value of approved FDI, however, increased to $15.62 billion last year from $13.58 billion a year earlier.