Doubts over Investment Growth Target
Monday, 30 October, 2006 | 17:21 WIB

Tempo Interactive, Jakarta: Sofjan Wanandi, Head of the Association of Indonesian Entrepreneurs, has said he doubts the government's investment growth target of 10.5 percent by the end of 2006.

The Infrastructure Summit is considered of not being capable of boosting the investment target by around Rp60.824 trillion that must be achieved within the last two months of 2006.

According to him, it is difficult in expecting that the Infrastructure Summit will be able to create investment agreements of up to US$4.5 billion for ten projects.

Sofyan has estimated that there will be only two or three projects that investors will be interested in.

“So, how can the total Rp60.824 trillion be met within these two months,” he said.

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