Jakarta, ID
Tuesday, May 29 2012, 05:59 AM

Headlines

RI aims for Rp 240t in investment: BKPM

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The Investment Coordinating Board (BKPM) is aiming for Rp 240 trillion (US$26.48 billion) in investment this year, a 15 percent increase from last year.

BKPM chair Gita Wirjawan said Sunday that BKPM expected 65 percent of the targeted investment to come from foreign direct investment, while domestic investment would make up the remaining 35 percent.

“We will try to raise the proportion of domestic investment this year,” Gita said at a press conference in Jakarta.

In 2010, domestic investment was Rp 60.5 trillion, or 29 percent of the total investment of Rp 208 trillion. (lnd)