"In the first three months of 2018, we received Rp185.3 trillion (in investment), consisting of domestic investment worth Rp76.4 trillion and foreign investment worth Rp108.9 trillion," the deputy to the BKPM chief for investment control, Azhar Lubis, stated here on Monday.
The realization of domestic investment, which reached Rp76.4 trillion in the first quarter this year, represented a 11 percent increase compared to Rp68.8 trillion in the same period last year, he noted.
Meanwhile, the realization of foreign investment rose 12.4 percent to Rp108.9 trillion in the first quarter this year from Rp97 trillion in the same quarter last year, he added.
The investment was mostly made in the five provinces of West Java, Jakarta, Central Java, Banten, and Riau.
Most of the foreign investment came from Singapore, Japan, South Korea, China, and Hong Kong.
The total number of people employed in the January-March 2018 quarter reached 201,239.
Nearly Rp111.8 trillion, or 60.3 percent, of the total investment was made in Java, while Rp73.5 trillion, or 39.7 percent, was made outside Java.
BKPM Chief, Thomas Trikasih Lembong, stated that normally the realization of investment in the first quarter is lower than that of the remaining quarters.
"Every year, the realization of investment in the first quarter is always low and has a seasonal effect. On a business and investment basis, the realization of investment in the first quarter is always low. There is nothing to worry about that. This happens every year," he pointed out.
Reported by Ade Irma Junida
EDITED BY INE/H-YH
(T.S012/B/KR-BSR/A/H-YH)
Reporter: antara
Editor: Heru Purwanto
Copyright © ANTARA 2018
