Compared to the previous quarter, investments in the second quarter of 2021 grew slightly, by 1.5 percent
“In the second quarter, before the enforcement of PPKM (public mobility restrictions), investments reached Rp223 trillion, an increase of 1.5 percent quarter to quarter and 16.2 percent year-on-year,” Minister of Investment/Head of the/Investment Coordinating Agency (BKPM) Bahlil Lahadalia said on Tuesday.
The Rp223 trillion investment comprised domestic investment worth Rp106.2 trillion and foreign investment valued at Rp116.8 trillion.
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The foreign investment grew 19.6 percent and domestic investment jumped 47.8 percent, compared to the same period last year.
The foreign investment represented 52.4 percent and domestic investment constituted 47.6 percent of the total investment in the second quarter of 2021.
“The increase in FDI (direct foreign investment) from 50.3 percent to 52.4 percent suggests that the world has begun to feel the change in regulations and the advantage of the change,” he said.
Based on the locations of projects, the investment in the second quarter of 2021 spread in West Java, Jakarta, East Java, Banten and Maluku.
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Meanwhile, Singapore, Hong Kong, the Netherlands, Japan and China are listed as the top five investors in Indonesia in the April-June 2021 period. The investment was mostly realized in the fields of housing, industrial estates, office complexes, base metal industries, metal goods, non-machinery and spare parts, transportation, warehousing and telecommunications, electricity, gas, water and mining.
Cumulatively, investments in the first half of 2021 reached Rp442.8 trillion, accounting for 49.2 percent of the target of Rp900 trillion set by President Joko Widodo. In the January – June 2021 period, foreign investment reached Rp228.5 trillion (51.6 percent) and domestic investment touched Rp214.3 trillion (48.4 percent). The investment projects are mostly located in West Java, Jakarta, East Java, Banten and Central Java.
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