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#60656 - 08 Sep 07 15:44 ANT/Foreign direct investment in Indonesia leaps 123% Jan-Aug
biznews Moderator Offline
Pujangga Besar

Registered: 24 Apr 08
Posts: 7508
Loc: Jakarta
Foreign direct investment in Indonesia leaps 123% Jan-Aug

Jakarta (Antara News/Asia Pulse) - The value of foreign direct investment in the country skyrocketed 123.16 per cent year-on-year to reach US$11.7 billion in the first eight months of this year.

Implementation of foreign investment projects surged 106.8 per cent to US$8.13 billion and domestic investment jumped 171.91 per cent to US$3.57 billion, said chief of the investment board, Muhammad Lutfi.

Realization of investment was mainly in the transport, warehousing and telecommunications sectors, together representing 30 projects accounting for US$3.28
billion of the value.
_________________________ Indonesian Business and Investment News Aggregator

#60661 - 08 Sep 07 15:55 Re: ANT/Foreign direct investment in Indonesia leaps 123% Jan-Aug [Re: KuKuKaChu]
KuKuKaChu Moderator Offline
Pooh Bah

Registered: 09 Oct 05
Posts: 10790
Loc: Centre of the Universe
Usual bullshit statistics from the investment coordination board (BKPM). January to August indeed.

what we really need to see is the impact of the new "negative list" on investment for foreigners, implemented on 3rd July! i wonder why they wont release monthly figures, hmmm?? i guess investment levels are a state secret.

Edited by KuKuKaChu (08 Sep 07 15:55)
Edit Reason: state secret
KuKuKaChu: dangerously too sophisticated


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