Capital Investment Twice Higher
Wednesday, 20 December, 2006 | 16:32 WIB

Tempo Interactive, Jakarta: The improving Indonesian macroeconomic situation is stimulating the country’s investment climate.

M. Luthfi, Head of the Investment Coordinating Board (BKPM), said that the growth of foreign investment this year has increased by 18.6 percent compared to last year.

Domestic capital investment has also increased to 224 percent.
“We will keep trying so that investment will be better in 2007,' said Luthfi.

The attempts include accelerating the program of special economic zones and pushing for the implementation of Presidential Instruction Number 3/2006 on the Policy Package for Improving Indonesia's Investment Climate.

According to Coordinating Minister for the Economy Boediono, in order to improve the implementation of investment next year, the government will settle all measures that the presidential instruction stipulates.

In addition, “The government will focus on matters on financing infrastructure projects through the Agency of General Services,” said Boediono.

_________________________ Indonesian Business and Investment News Aggregator