REPUBLIKA.CO.ID, JAKARTA -- The increased realization of investment in three priority sectors in the third quarter of 2015 has helped prepare Indonesia even more to face the ASEAN Economic Community (AEC), the investment board chief has said.

The three sectors are export-oriented industry, import substitution industry and mineral resources downstream businesses.

"The increase in the realization of investment in the three sectors underlines the government's efforts to boost the competitiveness of our industry and our export-oriented efforts. This will support the readiness of Indonesia to face the AEC and other free trade agreements," Franky Sibarani, the head of the Capital Investment Coordinating Board (BKPM), said in a press statement released here on Saturday.

He said that based on the BKPM data, the value of investment in the export-oriented industry in the January-September 2015 period totaled Rp25.7 trillion, up 10.4 percent compared to the level achieved in the same period in the previous year.

Investment in the import substitution industry in the January-September 2015 period was recorded at Rp34.5 trillion, up 15.9 percent from that in the corresponding period a year earlier.

In the downstream industry of the mineral resource sector, investment was recorded at 33.2 trillion, showing an increase of 66.8 percent as compared to that in the corresponding period last year.

According to Franky, the implementation of the AEC was now staring us in the face and it is an issue that should be given attention.

"One thing that should be given attention to is that we should not allow ourselves to become a big market for products of other countries. We should be able to take advantage of the export opportunities which will become bigger and bigger when the market opens up," Franky said.

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