JAKARTA (Yosefardi) – The Investment Coordinating Board (BKPM) recorded that some 200 companies, with ongoing construction projects, have invested Rp264.7 trillion during 2015, representing 51.4% of total investment plan for last year (Rp512.6 trillion).
That said investments are set for the industry sector, power plants, and real estate. For 2016, BKPM targets investment to reach Rp594.8 trillion.
Jakarta Post recently reported the government has set its sights on boosting Chinese investment in Indonesia by setting up a special desk designated to handle investors from the Asian powerhouse, just as the world’s second largest economy is expanding its footing overseas.
Investment realization from the world’s second largest country into Indonesia is on the rise, with 14% of investment interests being realized last year, from 7% per year during 2010 to 2014.
Investment commitments also doubled to $22 billion last year, from an average of $11.3 billion per year in the five-year period ending 2014.