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Indonesia gains highest investment in ASEAN
Indonesia gained 31 percent or the highest in total foreign investment in ASEAN in the first semester of 2015, Investment Coordinating Board (BKPM) chief Franky Sibarani said on Monday
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ndonesia gained 31 percent or the highest in total foreign investment in ASEAN in the first semester of 2015, Investment Coordinating Board (BKPM) chief Franky Sibarani said on Monday.
Franky said investment flow to Indonesia in the first semester of 2015 amounted to US$13.66 billion. '[The achievement] describes that even when the global economy is slowing down, Indonesia remains the main investment destination in ASEAN,' he said as quoted by tempo.co.
The foreign investment figure was higher than figures listed in Vietnam with $7.53 billion (17 percent) and Malaysia with $7.01 billion (16 percent).
Franky also said the fall of the rupiah to US dollar as well as the slowing of the Indonesian economy did not affect foreign investment in the country.
He added that globally, investment flow in the first semester of 2015 reached $311 billion, a 15.8 percent decrease from the $369.5 billion registered in the same period of last year.
The Asia-Pacific region was the only zone that still booked investment growth of 9.2 percent or $137.3 billion, from $125.8 billion last year, he noted.
