From Government of Indonesia

Rp1,180t Needed to Meet Growth Target

Indonesia requires an investment of Rp1,180 trillion next year to achieve the economic growth target of 6.7% to 7%, Coordinating Minister for the Economy Boediono said.

Of the investment needs, Rp141 trillion will come from both central and regional governments and the remaining Rp1,039 trillion, or 88%, from the private sector, he said, according to an XFN-Asia report on Thursday (3/5/07).

For this year, the government expects total investment to reach Rp958 trillion to achieve the economic growth target of 6.3%, he said.

About 13% of the investment needed this year will come from the government and the rest from the private sector, he said.
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