Jan 15th, 2008, in Business & Economy, IM Posts, by Patung
A big increase in foreign direct investment in 2007, with Singapore leading the way.
According to the National Investment Coordinating Board, (Badan Koordinasi Penanaman Modal, BKPM) realised foreign direct investment (FDI) in Indonesia rose by 72% on 2006, reaching $10.34 billion.
The countries investing the most in Indonesia:
- Singapore - $3.75 billion spread over 124 projects
- the United Kingdom - $1.69 billion
- South Korea - $627.7 million
- Japan - $618.2 million
- Taiwan - $469.7 million
Approved, but not realised, FDI was $40.14 billion in 2007, up 156% on 2006.
Meanwhile realised domestic investment rose by 57.8% to 34.87 trillion rupiah, while approved investment was at 188 trillion rupiah, up 16%.