The Investment Coordinating Board (BKPM) reports that the United States has made it into top five foreign investment by country in the first quarter of 2017. US ranked fourth with US$587.4 million investment between January and March.
Domestic and Foreign Direct Investment Realization in Quarter I 2017
Material exposed at the press conference on the Investment Realization in Quarter I 2017 can be downloaded at the following attachments.
Investment Realization in First Quarter of 2017 Reached Rp. 165.8 trillion
The Investment Coordinating Board of the Republic of Indonesia (BKPM) today announces investment realization data of Domestic Direct Investment (DDI) and Foreign Direct Investment (FDI) in Q1 (January – March) 2017, which hit Rp 165.8 trillion, grew by 13.2% compared to the same period in 2016, Rp. 146.5 trillion. Investment realization in Q1 2017 has absorbed 194,000 people. Chairman of BKPM, Thomas Lembong stated that achievement of investment realization in First Quarter of 2017 gives optimism to reach the national target for investment in 2017 which is Rp. 678.8 trillion.
Chairman of BKPM Visit to Paris Shaped a Positive Image of Investment in Indonesia
The Indonesia Investment Coordinating Board (BKPM) in cooperation with the Embassy of the Republic of Indonesia to Paris has conducted an investment promotion visit to Paris, France on 17 March 2017. During that visit, the Chairman of BKPM held a meeting with Mouvement des entreprises de France (MEDEF) and also present at the Economic Cooperation and Development (OECD) Informal Reflection Group on Indonesia.
President Jokowi Promotes Four Key Sectors to Chaebols
President Joko Widodo promotes investment opportunities in Indonesia to conglomerates (chaebol) from South Korea at the Indonesia-Korea Business Summit held today (14/3). The chaebols representing Korean largest companies include Sohn Kyung-Shik (Chairman of CJ Group), Chung Jin Haeng (President of Hyundai Motor Group), and Lee Soo-Man (Chairman of SM Entertainment Group). At the event, which was attended by more than 500 participants, MoU on investment promotion between Indonesian Investment Coordinating Board (BKPM) and Korea Trade and Investment Agency (Kotra) was also signed.
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