Investment by September 2012, were already reached Rp23.8 trillion, HM Yadi Sabianoor, the head of the licensing department of the regional capital investment board (BPPMD), said here Wednesday.
The investment include foreign investment making up Rp5.6 trillion and and domestic investment making up Rp18.2 trillion, Yadi said.
He said the new investments are mainly in the mining, food crop, plantation, food manufacturing, base chemical,pharmaceutical , base metal and electronic industries.
He said the new investment projects are expected to create more than 59,000 jobs including 12,660 jobs in domestic investment projects and the rest in foreign investment projects.
In 2011, investment projects implemented were valued at Rp28.32 trillion exceeding the target of Rp20 trillion.
Investment planned in East Kalimantan but not yet implemented totaled Rp60 trillion including for a coal railway project with investor from Russia.
The first phase of the rail track project will extend from the regency of Kutai Barat to Balikpapan spanning a distance of 160 kilometers .
The Russian investor through PT Kalimantan Rail plans to invest US$1.8 billion .
Another big project not yet implemented is planned by PT Djarum Group to develop industrial tree forest (HTI) in Kutai Barat, Kutai Timur, Berau, and Bulungan with a total investment of Rp23 trillion.
(H-ASG/F001)
Editor: Jafar M Sidik
Copyright © ANTARA 2012
