Indonesia: Investment realisation exceeds 56.4 billion USD
Indonesia’s investment realisation target of 790 trillion rupiah (over 56.4 billion USD) can be realised in 2019 and even exceed the target or increase by around 10 percent from that of 2018, announced the country’s Investment Coordinating Board (BKPM) on December 25.
Head of Indonesia's Investment Coordinating Board Bahlil Lahadalia (Photo: detikFinance)
Jakarta (VNA) – Indonesia’s investmentrealisation target of 790 trillion rupiah (over 56.4 billion USD) can be realisedin 2019 and even exceed the target or increase by around 10 percent from thatof 2018, announced the country’s Investment Coordinating Board (BKPM) onDecember 25.
Indonesia’s investment realisation in 2018 reached 721.3trillion rupiah, rising only 4.1 percent compared to the previous year. Thisfigure is lower than the target of 765 trillion rupiah.
Speaking with reporters, BKPM head Bahlil Lahadalia isoptimistic that investment realisation will exceed 790 trillion rupiah, addingthat the exact figure will be revealed in early January 2020.
At the end of October, investment into Indonesia reached 601trillion rupiah. BKPM recorded investment realisation in the third quarterstanding at 205.7 trillion rupiah, strongly surged from the same period lastyear.
In the third quarter, the realisation of foreign investment(PMA) and domestic investment (PMDN) grew by 17.8 percent and 18.9 percentyear-on-year, respectively. PMA realisation in the period hit 105 trillionrupiah, while that of PMDN reached 100.7 trillion rupiah./.
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Head of Indonesia's Investment Coordinating Board Bahlil Lahadalia (Photo: detikFinance) 
