"In 2011, the value of investments in Babel surpassed the targeted figure of Rp3.5 trillion because the domestic and foreign investors` interest in the province has increased after the implementation of the One Door Integrated Service program," Regional Investment Coordinating Board (BKPMD) Chairman Zakaria said, here on Friday.
He noted that the fulfillment of investments in 2011 rose from Rp3.8 trillion in 2010 to Rp4.02 trillion, a year later.
"Our target in 2012 is for the investment value to rise to Rp4.5 trillion because of the significantly high potential of natural resources from management of plantations, mining, animal husbandry, fisheries, services and others," Zakaria noted.
He pointed out that 24 foreign investors and 7 domestic investors were currently investing in Babel Province.
He added that the foreign investors in Babel Province are from Malaysia, Singapore, Thailand, South Korea, China, Taiwan, England, Saudi Arabia, and Mauritius, among others.
"The presence of these investors in Babel has led to the employment of 16,172 workers, and it can speed up the government`s program to reduce the number of the unemployed and poor," he noted.
(Uu.O001/KR-BSR/INE)
Editor: Priyambodo RH
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