"The growth of investment is in line with the various policies issued by the government."Jakarta (ANTARA News) - Domestic and foreign investments in Indonesia in the first quarter of 2012 totalled Rp71.2 trillion, according to Gita Wirjawan, the Capital Investment Coordinating Board (BKPM) chief.
He said here on Monday that the figure showed an increase of 32.8 percent, compared with Rp53.6 trillion for the same period in the previous year.
"The increase in investment was generated by the increasingly equitable distribution of investment throughout the country. The growth of investment is in line with the various policies issued by the government," Gita added.
The total investment in the first quarter of 2012 comprised Rp51.5 trillion of foreign investment (PMA), which increased by 30.3 percent from Rp39.5 trillion in the previous year, and Rp19.7 trillion of domestic investment (PMDN), which rose by 39.7 percent from Rp14.1 trillion a year earlier.
"The rise in foreign investment in the first quarter of 2012 is the highest [quarterly rise] in the country`s foreign investment history," he noted.
The five largest sectors receiving domestic capital investment were mining (worth Rp5.8 trillion), basic chemical, chemical goods, and pharmaceutical industries (Rp2.3 trillion), food crops and plantation (Rp2.3 trillion), paper and printing industries (Rp1.6 trillion), transportation, warehousing, and telecommunications (Rp1.4 trillion).
The five main sectors that attracted foreign investment were mining (US$1.1 billion), transportation, warehousing, and communications (US$0.8 billion), food crops and plantation (US$0.5 billion), basic metal industry (US$0.5 billion), and other transportation industries (US$0.4 billion).
(Uu.A014/INE/KR-BSR/H-YH)
Editor: Priyambodo RH
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