Arab Today, arab today chinas mainland hk listed among top investors in indonesia in q1
Last Updated : GMT 10:34:16
Arab Today, arab today
Arab Today, arab today

China's mainland, HK listed among top investors in Indonesia in Q1

Arab Today, arab today

Arab Today, arab today China's mainland, HK listed among top investors in Indonesia in Q1

Indonesia flag
Jakarta - XINHUA

Investors from China's mainland and Hong Kong have increased their investment in Indonesia, making them among the five largest investors in Indonesia in the first quarter of this year.

Indonesia's Investment Coordinating Board, or BKPM learned that investment from China's mainland and Hong Kong stood at 971.41 million US dollars in the first quarter of this year, a fourfold increase from 221.4 million U.S. dollars in the corresponding period last year.

It makes China's Hong Kong and mainland number 3 and 4 among the five largest investors in Indonesia throughout the period. Singapore tops the ranking with 2.9 billion U.S. dollars of investment, followed by Japan at 1.6 billion U.S. dollars. The Netherlands was the fifth largest investor with total investment of 300 million U.S. dollars.

The latest figure of materialized investment from China's mainland and Hong Kong, meanwhile, stood at 1.56 billion U.S. dollars last year, up 7.58 percent compared with 1.45 billion U.S. dollars recorded a year earlier.

The BKPM noted that China's investment commitment stood at 22.6 billion U.S. dollars throughout last year, 44.2 percent higher than 15.6 billion U.S. dollars recorded in 2014.

"It was a signal that China wanted to expand its investment commitment in Indonesia," BKPM Chairman Franky Sibarani said in his office here on Monday.

In total, direct investment into Indonesia recorded 146.5 trillion rupiah (about 11.1 billion U.S. dollars) from January to March this year, 17.6 percent higher from 124.6 trillion rupiah (about 9.5 billion U.S. dollars) recorded in the same period last year, according to data released by the BKPM.

Foreign direct investment (FDI) accounted for 65.59 percent of the amount, at 96.1 trillion rupiah (about 6.91 billion U.S. dollars), while domestic direct investment stood at 50.4 trillion rupiah.

The BKPM said the FDI figure in the first quarter of the year alone grew 5 percent from 6.57 billion U.S. dollars in the corresponding period last year.

However, it was 13 percent lower compared with 7.94 billion U.S. dollars recorded in the fourth quarter last year.

The total direct investment figure in the first quarter accounted for 24.6 percent of the total target of the year, set at 595 trillion rupiah (about 45.3 billion U.S. dollars).

Given the figures, Franky was upbeat that direct investment figures in the following quarters this year would remain high. He said that 1,747 new investment projects were being carried out in the first quarter.

"The Indonesian government has strong commitment and determination to protect and improve the nation's investment climate," Franky said.

Indonesia has attracted 545.4 trillion rupiah (about 41.6 billion U.S. dollars) of direct investment last year, 17.8 percent higher than in 2014.

Indonesian President Joko Widodo has been actively encouraging investment in Indonesia during his visits to foreign countries and international forums.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinas mainland hk listed among top investors in indonesia in q1 Arab Today, arab today chinas mainland hk listed among top investors in indonesia in q1

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinas mainland hk listed among top investors in indonesia in q1 Arab Today, arab today chinas mainland hk listed among top investors in indonesia in q1

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Ryanair's O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

Ryanair's O'Leary: Could ground more planes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Youssra prepares for launching her  program

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday