REPUBLIKA.CO.ID, JAKARTA - Indonesia's investment realization, both from domestic and foreign investment in second quarter of 2014 increased, based on Investment Coordinating Board (BPKM) data on Thursday. The value reached 116.2 trillion IDR or increased 16.4 percent compared to same period last year.
"It's a great achievement. I salute for the success of Mahendra Siregar as BPKM chairman," Minister of Finance, Chatib Basri said on Thursday.
Domestic investment value was recorded 38.2 trillion IDR per June 2014, or grew 15.4 percent compared to last year. Foreign investment value reached 78 trillion IDR or increased 16.9 percent compared to last year.
Positive impact of the investment will be seen after six months under the next government period.
BPKM targeted total investment of 456.6 trillion IDR this year, consisting of 159.3 trillion IDR of domestic investment and 297.3 trillion IDR of foreign investment.
Among others, government provides new regulation which is conducive to re-investment. The new regulation, which will be issued soon, aims to optimize profit repatriation of foreign companies operating in Indonesia. The measure is believed will improve Indonesia's balance of payments.
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