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Economy in brief: Investment interest reaches Rp 2,062t

Various parties have expressed an interest in making investments of around US$165 billion, equivalent to Rp 2,062 trillion, during the first year of the administration of President Joko Widodo and Vice President Jusuf Kalla, according to the Indonesian Investment Coordinating Board (BKPM)

The Jakarta Post
Jakarta
Thu, October 22, 2015

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Economy in brief: Investment interest reaches Rp 2,062t

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arious parties have expressed an interest in making investments of around US$165 billion, equivalent to Rp 2,062 trillion, during the first year of the administration of President Joko Widodo and Vice President Jusuf Kalla, according to the Indonesian Investment Coordinating Board (BKPM).

The data pertaining to the period between Oct. 22, 2014 and Oct. 16, 2015 was gathered from the board'€™s representatives in eight countries and the marketing office team in coordination with Indonesian representatives abroad, according to a press release on Tuesday.

'€œInterest in making an investment is like the embryo of an actual investment. To actually have a positive impact on the people, such an expression of interest should be followed up until the investment is realized,'€ BKPM chairman Franky Sibarani said.

He explained that various parties have expressed an interest in making investments in several priority sectors, of which the top sectors are downstream industries, infrastructure and tourism as well as investment in industrial zones.

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