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The realization of Domestic and Foreign Investment in 2017 Surpassed the Target



The realization of Domestic and Foreign Investment in 2017 Surpassed the Target

InfoSAWIT, JAKARTA –Badan Koordinasi Penanaman Modal (BKPM)published the realization of Domestic and Foreign Investment in the fourth quarter (October-December) in 2017 that reached Rp 179,6 billion, orincreased 12,7% from the same period in 2016 reaching Rp 159,4 billion.

The realization of investment absorbed 350.399 Indonesian workers. While the foreign and domestic investments in 2017 (January – December) reached Rp 692,8 billion, orsurpassed the target realization of investment in 2017 reaching Rp 678,8 billion.

Head of BKPM, Thomas Lembong said, the realization of investment in 2017 made new hope and optimism to realize the 2018 investment that the government has decided reaching Rp 765,0 billion.

“To accelerate the realization of investment about the Domestic and Foreign Investment in many related ministries, the provincial, district governmnts, there have been many Task Forces as the implementation of Presidential Regulation No. 91 / 2017 about the Acceleration of Business Realization within the function, such as, would help to find the solution to what the investors deal with in their investment,” he said in the press conference in the office of BKPM.

In the fourth quarter in 2017, the realization of Domestic Investment reached Rp 67,6 billion, orincreased 16,4% from Rp 58,1 billionin the same period in 2016, andForeign Investment reached Rp 112 billion, orincreased 10,6% from Rp 101,3 billionin the same period in 2016.

BKPM also noted, the realization of investment (Foreign and Domestic Investment) based on the location of the projects (big five) was: DKI Jakarta (Rp 33,9 billion, 18,9 %); West Java (Rp 24,1 billion, 13,4%); Central Java (Rp 18,5 billion, 10,3%); East Java (Rp 16,3 billion, 9,1%); and Banten (Rp 13,9 billion, 7,8%).

While the realization of investment (Foreign and Domestic Investment) based on the business sectors (big five) was: Electricity and Water (Rp 24,3 billion, 13,6%); Transportation, shelter, and telecommunication (Rp 22,6 billion, 12,6%); Food Industries (Rp 17,4 billion, 9,7%), Mining (Rp 16,4 billion, 9,1%), and Food Plant and Plantation (Rp 14,6 billion, 8,1%);

The big five countries in the Foreign Investment were: Singapore (US$ 2,3 billion, 27,8%); Japan (US$ 1,0 billion, 11,9%); Hongkong (US$ 0,8 billion, 9,0%); South Korea (US$ 0,7 billion, 7,9%),andChina (US$ 0,6 billion, 7,5 %).

Deputy in Investment Control, BKPM, Azhar Lubis said, the realization of Indonesian worker employment in the same period reached 350.399 men within detail, 127.228 men in the Domestic Investment projects, and 223.171 men in the Foreign Investment. He also mentioned, the location of investment out of Java reached Rp 72,5 billionorequal to 40,4% fromthe total investment in the same period in 2017.

In January – December 2017 based on the business sector (big five) of the realization of investment (Domestic and Foreign Investment) were: Electricity, Gas, and Water (Rp 82,1 billion, 11,8%); Mining (Rp 79,1 billion, 11,4%); Food Industry (Rp 64,8 billion, 9,4%), Metal, Machine, and Electronic Industries (Rp 64,3 billion, 9,3%), and Transportation, Shelter, and Telecommunication (Rp 59,8 billion, 8,6%).

While the realization of Foreign Investment based on the countries (big five) were: Singapore (US$ 8,4 billion, 26,2%); Japan (US$ 5,0 billion, 15,5%); China (US$ 3,4 billion, 10,4%); Hong Kong, China (US$ 2,1 billion, 6,6%); andSouth Korea (US$ 2,0 billion, 6,3%). (T2)


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