Singapore is still on the top of the list as the biggest investor in Indonesia during the first three months in Indonesia. "Singapore is still on the top of the amount of investment with 2.65 billion US dollars in the first quarter of 2018," said Deputy of Controlling The Implementation Investment on Investment Coordinating Board (BKPM) Azhar Lubis.

On the second position is Japan with the total investment of 1.36 billion US dollars, and followed by South Korea with 940 million US dollars. On the fourth position, China with the investment of 676.2 million US dollars, and on fifth position is Hong Kong with 516.1 million US dollars.

Azhar explained that although the position of China went down one rank, but according the amount of investment amount, it has continued to increase compared to the same period on the previous year. "China’s investment on the first quarter of 2018 (nearly) 700 million US dollars. On the same period in 2017, China was on the third ranked with (investment) about 600 million US dollars. The Grade of rating went down, but from the nominal and percentage China has risen," he explained.

On the same time, Chairman of BKPM Thomas Trikasih Lembong said that the increasing of China’s investment trendis not only happening in Indonesia but also around the world. China is the main of trading partner of 121 countries in the world. Furthermore, this country is also a major source of international tourists of many countries around the world, especially after becoming the strongest economy in Asia Pacific.

"So It is common that logically China must be one of the biggest investors in almost all countries in Asia Pacific, even in the world," he said. BKPM noted that the realization of the amout of investment during the first quarter of 2018 is Rp185, 3 trillion. It is increased of 11.8 percent over the same period in 2017 that the amount wasRp165, 8 trillion.

The realization of domestic investment (PMDN) isRp76, 4 trillion, has risen 11 percent from the same period of the previous year that amount of Rp68, 8 trillion. There is also the realization of foreign investment (PMA) of Rp108, 9 trillion, up to 12.4 percent from the achievement in the same period of the previous year that amount ofRp97 trillion. The Total Jobs that have created during January-March 2018 were 201,239.

Source: Antara

Disclaimer: This article is a summary of news articles obtained from a number of mass media. We are not responsible for the accuracy of data or sources of information presented by the mass media that became the reference.

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