Gita said the current condition in Indonesia as one of the developing countries eyed by global investors because of its strong domestic economic fundamentals.
Jakarta (ANTARA News) - Head of Capital Investment Coordinating Agency (BKPM) Gita Wirjawan has set this year`s investment target at Rp240 trillion.

"The positive domestic economic fundamentals were believed to attract foreign investors to Indonesia so that the investment target would be met," Gita told a press conference in Jakarta Tuesday night.

He expressed optimism that this year`s Rp240 trillion investment target would be reached in line with the constantly growing Indonesian economic fundamentals while the economic situation in the United States and Europe is still unstable.

"Since our economic fundamentals are very strong, I am optimistic that the Rp240 trillion investment target would be reached this year," he said.

Gita said the current condition in Indonesia as one of the developing countries eyed by global investors because of its strong domestic economic fundamentals.

He said that in the third quarter the number of investors is usually bigger so that it is reasonable to remain optimistic the target would still be reached.

Gita also said that investments in the first semester of 2011 had reached Rp115.6 trillion, 48-49 pct of this year`s Rp240 trillion target.

"In the first semester of 2011, investment reached Rp115.6 trillion, or 48 pct to 49 pct of this year`s investment target of Rp240 trillion," he said.

He added that investment in this year`s first semester grew by 24.4 pct compared to last year`s Rp92.9 trillion in the same period.

He said that one of the locations eyed by investors is Indonesia. The favorable economic fundamentals is a reason of the investors to prefer investing their capital in Indonesia.

On the occasion, he said, that investment in the January to June 2011 period consisted of domestic capital investment reaching Rp33 trillion, an increase of 50.7 pct, and foreign investment reached Rp82.6 trillion (16.2 pct).(*)

Editor: Heru Purwanto
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