Jakarta (ANTARA News) - Indonesia expects investment in the country to increase by 15 percent to Rp240 trillion this year.

The Capital Coordinating Board (BKPM) in its press statement here on Tuesday said until the first quarter of this year investment had reached Rp53.6 trillion.

The total consists of Rp14.1 trillion in domestic investment and Rp39.5 trillion in foreign investment projects, according to BKPM data.

"Compared to the achievement in the same period last year it was an increase of 27.3 percent," BKPM chief Gita Wirjawan said.

He said the positive trend was also recorded in the spread of projects to outside Java.

He said in the first quarter of 2011 Rp23.7 trillion worth of investment projects were outside Java such as in South Sumatra (US$0.4 billion covering 22 projects), Papua (US$0.4 billion covering 9 projects) and West Kalimantan (US$0.3 billion covering 18 projects).

The head of the Government Investment Center (PIP) in Bogor, Soritaon Siregar, said earlier PIP investment performance until the first semester this year rose by 67.4 percent compared with total achievement in 2010.

"This excludes the investment value in the seven percent divestment of PT Newmont Nusa Tenggara worth US$246.8 million or Rp2.1 trillion), he said in a report on Saturday (July 16).

He said the projects include road development from Molibagu to Mamalia and Taludaa in North Sulawesi worth Rp15 billion, type B regional hospital in Southeast Sulawesi worth Rp190 billion, land acquisition for Jakarta-Cikampek-Palimanan and Porong-Gempol toll road development worth Rp2.3 trillion.

Others include type C hospital in Surakarta worth Rp40.541 billion and rehabilitation of the Gintung dam and Batang Anai irrigation in West Sumatra worth Rp29 billion.

"In line with PIP`s business plan and budget for 2011 the target of investment is set at Rp14.9 trillion including distribution of mandatory investment by PIP," he said.
(T.M040/H-YH/HAJM)

Editor: Priyambodo RH
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