The Investment Coordinating Board (BKPM) reports that the United States has made it into top five foreign investment by country in the first quarter of 2017. US ranked fourth with US$587.4 million investment between January and March.
Buoyed by Indonesia’s economic growth despite the global crisis, two German firms have expressed interest in investing in the country’s lucrative nickel processing and gas sectors, Investment Coordinating Board (BKPM) chief Thomas Lembong says.
Chairman of BKPM said President Joko Widodo held a business meeting with a number of Australian business investors on his first day in Australia. The Indonesian president discussed issues on cooperation in mining and tourism sectors.
Domestic and Foreign Direct Investment Realization in Quarter I 2017
Material exposed at the press conference on the Investment Realization in Quarter I 2017 can be downloaded at the following attachments.
Investment Realization in First Quarter of 2017 Reached Rp. 165.8 trillion
The Investment Coordinating Board of the Republic of Indonesia (BKPM) today announces investment realization data of Domestic Direct Investment (DDI) and Foreign Direct Investment (FDI) in Q1 (January – March) 2017, which hit Rp 165.8 trillion, grew by 13.2% compared to the same period in 2016, Rp. 146.5 trillion. Investment realization in Q1 2017 has absorbed 194,000 people. Chairman of BKPM, Thomas Lembong stated that achievement of investment realization in First Quarter of 2017 gives optimism to reach the national target for investment in 2017 which is Rp. 678.8 trillion.
Chairman of BKPM Visit to Paris Shaped a Positive Image of Investment in Indonesia
The Indonesia Investment Coordinating Board (BKPM) in cooperation with the Embassy of the Republic of Indonesia to Paris has conducted an investment promotion visit to Paris, France on 17 March 2017. During that visit, the Chairman of BKPM held a meeting with Mouvement des entreprises de France (MEDEF) and also present at the Economic Cooperation and Development (OECD) Informal Reflection Group on Indonesia.
President Jokowi Promotes Four Key Sectors to Chaebols
President Joko Widodo promotes investment opportunities in Indonesia to conglomerates (chaebol) from South Korea at the Indonesia-Korea Business Summit held today (14/3). The chaebols representing Korean largest companies include Sohn Kyung-Shik (Chairman of CJ Group), Chung Jin Haeng (President of Hyundai Motor Group), and Lee Soo-Man (Chairman of SM Entertainment Group). At the event, which was attended by more than 500 participants, MoU on investment promotion between Indonesian Investment Coordinating Board (BKPM) and Korea Trade and Investment Agency (Kotra) was also signed.
A 12.4% Increase in Investment Realization 2016
The Investment Coordinating Board of the Republic of Indonesia (BKPM) today announces investment realization in Q4 (October – December) 2016, which hit Rp 159.4 trillion, grew by 9.6% compared to the same period in 2015. Domestic Direct Invesment (DDI) during this period is Rp 58.1 trillion or jumped 25.8% compared to last year which is Rp 46.2 trillion, while Foreign Direct Invesment (FDI) considerably increased by 2.1%, to Rp 101.9 trillion in 2016. During this period, BKPM has recorded that DDI contributed to 124,843 job creation, while FDI doubled the number by 309,623 job creation, with a total labor absorption is 434,466 people.
Domestic and Foreign Direct Investment Realization in Quarter IV and January-December 2016
Material exposed at the press conference on the Investment Realization in Quarter IV 2016 can be downloaded at the following attachments.
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