Rabu 18 Jun 2014 15:39 WIB

Siregar: Indonesia's FDI should increase 15 pct in the second quarter

Food and beverage industry in Indonesia (illustration)
Foto: Republika/Wihdan Hidayat
Food and beverage industry in Indonesia (illustration)

REPUBLIKA.CO.ID, JAKARTA - Foreign direct investment (FDI) in Indonesia in the second quarter is expected to be 15 percent higher than a year earlier, compared with a 9.8 percent increase in January-March. 

"God willing, there is no change (to the investment target of 15 percent)," Mahendra Siregar, chief of Indonesia's Investment Coordinating Board, told reporters on Wednesday.

The government has targeted foreign investment of 32.8 billion USD this year, up from just over 23 billion USD in 2013. The FDI data, which shows what companies plan to invest rather than actual spending, excludes investment in the oil and banking sectors. 

sumber : Reuters
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