REPUBLIKA.CO.ID, KUALA LUMPUR -- The Investment Coordinating Board (BKPM) is encouraging Asia Pacific Economic Cooperation (APEC) economies to contribute to the development of Indonesia?s maritime and logistic sectors.

Further, the BKPM will take advantage of the APEC Summit held in Manila from November 17-20 to promote these two sectors, BKPM Chief Franky Sibarani said in a press statement released on Tuesday.

"The two main issues are the maritime and logistic sectors. In addition, we are also preparing information on other sectors, including tourism, metal industry, animal husbandry and special economic zone," he said.

According to the BKPM, foreign investment in the logistic sector reached US$2.19 billion, while investment proposals stood at US$ S3.6 billion in the past five years.

"The realization of investment has shown a positive trend. We are making every effort to turn the investment proposals into reality," he said.

Investment in the maritime sector rose 28.6 percent to Rp22.5 trillion, compared to the same period last year, he said.

"Several APEC economies which have capabilities in the maritime and logistic sectors, such as the United States, Australia, Singapore, Japan and South Korea, which are expected to increase their investment (in the sectors)," he said.

Franky, who will accompany Vice President Jusuf Kalla to attend the APEC Summit, is scheduled to participate in the APEC CEO Summit Dialog and ABAC dialog.

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