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Singapore remains largest investor in Indonesia

Singapore led foreign investors in Indonesia in the first half of 2014 with 2.1 billion USD, according to the Indonesia Investment Coordinating Board (BKPM).
Singapore led foreign investors in Indonesia in the first half of2014 with 2.1 billion USD, according to the Indonesia InvestmentCoordinating Board (BKPM).

It was followed by Malaysia, Japan and the UK with 600 million USD each and the US with 400 million USD.

The capital city of Jakarta was the most attractive destination forforeign investment in Indonesia in the first half, with 1.7 billionUSD, said BKPM President Mahendra Siregar.

West Java and East Kalimantan provinces came second and third with 1.5 billion USD and 700 million USD, respectively.

Foreign investment was mainly poured into transport, logistics and telecommunications, he said.-VNA
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