Indonesia sees 13.7 percent rise in Q3’s investment

Indonesia’s investment activities are becoming more eventful as total investment capital in the third quarter rose 13.7 percent to 176.6 trillion rupiah (over 13.3 billion USD), higher than 155.3 trillion rupiah (about 11.7 billion USD) in the same time last year.

Tuesday, October 31, 2017 20:47

Indonesia sees 13.7 percent rise in Q3’s investment ảnh 1

A view of Jakarta, Indonesia (Source: Internet)

Jakarta (VNA) – Indonesia’s investment activities arebecoming more eventful as total investment capital in the third quarter rose13.7 percent to 176.6 trillion rupiah (over 13.3 billion USD), higher than155.3 trillion rupiah (about 11.7 billion USD) in the same time last year.

According to Indonesia’s Investment Coordinating Board (BKPM), fromJanuary to September, investment in Indonesia reached 513.2 trillion rupiah(37.8 billion USD), including 195.7 trillion rupiah (14.42 billion USD) ofdomestic investment and 318.5 trillion rupiah (23.48 billion USD) of foreigncapital, accounting for 37.9 percent and 62.1 percent of the total,respectively.

Statistics showed that investment activities in the third quartercreated jobs for 286,500 labourers who work for 109,711 domestic projects and176,786 foreign-invested ones.

BKPM Chairman Thomas Lembong said that the growth in investment showedan economic transformation thanks to effectiveness of Joko Widodo’s policies.He added that the trend of change from consuming to production and investmentis becoming more obvious.-VNA

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#Indonesia #Indonesia’s investment #investment capital #Indonesia’s Investment Coordinating Board (BKPM)#BKPM Chairman Thomas Lembong #Joko Widodo #Vietnam News Agency

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