REPUBLIKA.CO.ID, JAKARTA -- The investment in the energy and mineral resources sector is projected to contribute 20 to 50 percent of the total investment in the upcoming years, Chief of Investment Coordinating Board (BKPM) Thomas Trikasih Lembong said. "In 2017, 2018 and thereafter, 20 to 50 percent of the total investment may come from the oil and gas, electricity and smelter sector," he said, while launching a 3-hour investment service in the energy and mineral resources sector in Jakarta, on Monday.

Although the target may depend on the success of the investment, the high realization of investment in the sector last year has shored up optimism to achieve it, he added. "Some time ago, the deputy for investment control and realization unveiled the top 100 domestic and foreign investors. I was quite shocked that the investment was made in the electricity and smelter sectors. It turns out that the portion of investment in the energy and mineral resources sector to the national investment is quite large," he stated.

The electricity, gas and water sector was ranked fourth in the realization of investment in five sectors in 2016, he remarked. The investment in smelters took the lead in the realization of foreign investment last year, while the realization of investment in the mining sector trailed to the fourth place.

"The contribution of the energy and mineral sector is important to achieve the investment target of Rp678.8 trillion for this year. In the past five years, the investment in the energy and mineral resources sector accounted for 21 percent of the total investment in Indonesia," he noted.

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