Palembang, South Sumatra (ANTARA News) - South Sumatra province has set itself a target to have an investment of Rp13.5 trillion in 2012, a local government official has said.

"The target of investments with such a considerable value in 2012 is because this year`s regional budget has been set at Rp5.1 trillion," South Sumatra Regional Investment Permit and Promotion Body spokesman Permana said.

Permana said that if the amount of regional budget was big, the investment value would be three folds bigger than the budget or around Rp15.3 trillion, but he added that his side only set a target of Rp13.5 trillion in investment in 2012.

He was optimistic that the target could be reached because South Sumatra has for many times hosted various national and international events.

Permana said the province this year would host other international events among others, worlds Islamic states parliamentary meeting late of January and other international meetings and therefore investment opportunity in the province was still promising.

He added that his party would even have a cooperation with South Africa especially in the field of economy in order to reach the target of investment in the fields of mining, agriculture, electricity, industry, and clean water.

In a bid to facilitate the investors to invest in South Sumatra, Permana said the human resources quality in the province would be improved especially in information technology.

He said investment in the province in 2011 reached Rp11.5 trillion from the original target of Rp9 trillion because the province at the time hosted the Southeast Asian Games.

Editor: Priyambodo RH
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