Arab Today, arab today indonesia\s fdi growth to remain high
Last Updated : GMT 21:25:08
Arab Today, arab today
Arab Today, arab today

Indonesia\'s FDI growth to remain high

Arab Today, arab today

Arab Today, arab today Indonesia\'s FDI growth to remain high

Jakarta - XINHUA

A senior Indonesian official said that the growth of the country\'s foreign direct investment (FDI) is predicted to remain high next year as the largest economy in the region will likely retain its economic strength amid economic problems beleaguering other competitors in attracting foreign investment to the region, local media reported on Thursday. FDI realization in Indonesia jumped to a new record high of 56. 6 trillion rupiah (about 587.41 million U.S. dollars) in the third quarter of this year, surging 22 percent compared to a year earlier. According to the Investment Coordinating Board (BKPM), Indonesia accumulated 164.2 trillion rupiah in FDI in the first nine months of the year, keeping it on track to achieve its annual target of 206.8 trillion rupiah. The top five foreign investors based on country of origin are Japan, Singapore, South Korea, the United Kingdom and the United States, according to BKPM data. In Indonesia, FDI accounts for around 71 percent of total investments. The Central Statistics Agency (BPS) reported that investments accounted for 39 percent of Indonesia\'s economic growth of 6.17 percent in the third quarter of this year, followed by domestic consumption, which contributed 50.5 percent. Investment is also highly expected as major driver of the country\'s economy, replacing private consumption next year. Indonesian central bank estimated that investment growth may reach 12 percent next year, or higher than that of consumption estimated at 5 percent. The significant investment growth estimation is expected to boost up national growth from around 6 percent at present to 7 percent in the following years.

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 indonesia\s fdi growth to remain high Arab Today, arab today indonesia\s fdi growth to remain high

 



Arab Today, arab today

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 indonesia\s fdi growth to remain high Arab Today, arab today indonesia\s fdi growth to remain high

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
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