In the first six months of 2021, the industrial sector accounted for 37.7 percent of the total investment, which was pegged at Rp442.8 trillion, it said.
Two sectors accounted for most of the investment -- the base metal goods, non-machinery goods and spare parts industry, which accounted for Rp57.6 trillion, or 13 percent, of the investment, and the food industry, which accounted for Rp36.6 trillion, or 8.3 percent, of the investment, Industry Minister Agus Gumiwang Kartasasmita said in a written statement issued on Wednesday.
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Domestic investment in the industrial sector in the first half of 2021 reached Rp46.3 trillion, accounting for 21.6 percent of the total domestic investment, which reached Rp214.3 trillion, the minister informed.
Meanwhile, foreign investment in the industrial sector during the period stood at Rp120.8 trillion, representing 52.9 percent of the total foreign investment, which touched Rp228.5 trillion, he said.
Of the domestic investment in the industrial sector, Rp14.7 trillion flowed into 2,644 projects in the food industry, Rp8.4 trillion into 1,074 projects in the chemical and pharmaceutical industry, Rp6.8 trillion into 643 projects in the base metal, metal goods, non-machinery and spare parts industry, Rp5.4 trillion into 615 projects in the paper and printing industry, and Rp4.7 trillion into 435 projects in the non-metal mineral industry, Kartasasmita disclosed.
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The rubber and plastic industry attracted an investment of Rp3.2 trillion through 765 projects; textile industry pulled in Rp1.1 trillion through 614 projects; motor vehicle and other transport mode industry Rp678 billion through 270 projects; wood industry Rp404 billion through 516 projects; leather and footwear industry Rp143 billion through 101 projects; machine, electronics, medical instruments, electrical appliances, optics and watch industry Rp130 billion through 471 projects; and, other industries Rp546 billion through 804 projects, he said.
Foreign investment in the industrial sector comprised US$3.4 billion pulled in by the base metal, metal goods, non-machinery and spare parts industry through 550 projects; US$1.5 billion raked in by the food industry through 1,216 projects; US$961.2 million attracted by the motor vehicle and other transport mode industry through 624 projects; US$818.2 million pulled in by the chemical and pharmaceutical industry through 779 projects; and, US$371.4 million drawn by the machine, electronics, medical instruments, electrical appliances, optics and watch industry through 677 projects, he added.
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Translator: Sella Panduarsa G, Suharto
Editor: Fardah Assegaf
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