Ahad 27 Dec 2015 08:42 WIB

Foreign direct investment still dominates Indonesia investment

Rep: Fira Nursya'bani/ Red: Julkifli Marbun
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Foto: Antara/Widodo S. Jusuf
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REPUBLIKA.CO.ID, JAKARTA -- Investment Coordinating Board (BKPM) predicted that Foreign Direct Investment (FDI) would be still dominating target of investment realization in 2016. The amount of foreign investment was projected to reach 65 percent or Rp.386 trillion and Domestic Investment (DCI) to 35 percent.

Head of BKPM Franky Sibarani said, the target was part of BKPM efforts to balance capital flows from domestic and foreign. Currently, investors and domestic industries were ready to achieve target composition of foreign and domestic investment.

"We continually strive to encourage investment in the country, so that within the next five years FDI can reach 60 percent and DCI can reach 40 percent," Franky said, Friday (25/12).

Franky explained, foreign investors were quite enthusiastic to invest in Indonesia, especially from Asia. In the period of 2010 to the third quarter of 2015, realization of investment coming from Asia by 48 percent.

In 2016, BKPM targeted realization of investment of Rp. 594.8 trillion. The target was made up of investment in Java of Rp. 302.6 billion and investment in outside Java of Rp. 292.2 trillion.

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