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Indonesia’s FDI touches nearly $28 billion in 2018

Published : Thursday, 31 January, 2019 at 12:00 AM  Count : 106

JAKARTA, Jan 30:  Indonesia logged a total of 392.7 trillion rupiah (27.86 billion US dollars) foreign direct investment (FDI) last year amid global economic uncertainty, the country's investment coordinating board announced here on Wednesday.
That compares with a total of 430.5 trillion rupiah (30.54 billion US dollars) FDI in the presiding year, chairman of the board Thomas Trikasih Lembong said.
"Lacking of execution of policies and obstacles coming from global are factored in the slowing of inflows of investment," he said at the board headquarters.
For this year, particularly after the presidential and parliamentary polls in April, Lembong said, the FDI is looked to edge up.
The improvement of the single submission system would also be a factor in the acceleration of flows of FDI, he said.    -Xinhua

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