Indonesia FDI sees rise in the second quarter amid subdued GDP

GMT 17:54 2015 Monday ,27 July

Arab Today, arab today Indonesia FDI sees rise in the second quarter amid subdued GDP

Indonesia FDI
Jakarta - XINHUA

Indonesia's Foreign direct investment (FDI) rose by 18.2 percent to 92.2 trillion rupiah (6. 854 billion U.S. dollars) on year in the second quarter despite of slowing economic growth, officials said here on Monday.

Azhar Lubis, deputy for controlling of implementation of investment of the country's coordinating investment board, said most foreign investors invested their capital in the sectors of transportation, warehouse services, telecommunication, construction, metal industry, metal and engine industry, electronic and non metal industries.

Investors from Malaysia, followed by Singapore, Japan, the United States and Britain contributed the most to the hike of FDI during the April-June period, said Azhar.

For the cumulative of FDI in the first six months, he said, it scaled up by 16.1 percent to 174.2 trillion rupiah (about 12.949 billion U.S. dollars) on year.

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