The Indonesian Coordinating Investment Board (BKPM) reports that foreign direct investments (FDI) in Indonesia reached IDR 195,5tn (USD 15,6bn) in between January and June 2016. The paper and printing, metal and machinery, transport, chemicals and food industries are the main targets of foreign investment.
Total investment realization in Indonesia in the first half of the year (2016) reaches IDR 298,1tn (USD 23,9bn), BKPM states in its press release from Friday (July 29, 2016). Compared to the first year of 2015 with a total investment realization of IDR 259,7tn (USD 20,8bn) Indonesia sees a 14,8 percent increase in total investments in 2016. Domestic investments hereby dominate food, transportation, warehouse, telecommunication and non-metal industries. Investment realization in this years second quarter rise by 12,3 percent (year on year) to IDR 151,5tn (USD 121,2bn) consisting of IDR 52,2tn (USD 4,2bn) domestic and IDR 99,4tn (USD 8bn) foreign capital.
BKPM Chairman Thomas Lembong commented that the growth of foreign as well as domestic investments in Indonesia for the beginning of this year is positive amidst the uncertainty of the global economy.