Singapore, No 1 Investor in Indonesia

VIVAnews - The United States is the third top country that makes inv..." /> Singapore, No 1 Investor in Indonesia

VIVAnews - The United States is the third top country that makes inv...">
Singapore, No 1 Investor in Indonesia

VIVAnews - The United States is the third top country that makes investment in Indonesia at a total of US$0.3 billion worth of contribution in 33 projects.

However, up until the second quarter of 2010, Singaporean investors are listed as number one with a total investment of US$1.6 billion in 156 projects.

The realized investment up until the first semester of 2010 is recorded Rp 71 trillion, 46.1 percent higher compared to the same period of 2009 at Rp 48.6 trillion.

"During the crisis, investment from developed countries may be lower," said Chief of the Capital Investment Coordinating Agency (BKPM) Gita Wirjawan in Jakarta today, July 28.

Data of BKPM revealed that in addition to the US and Singapore, Hong Kong investors have put in US$0.8 billion worth of money, Japan invests US$0.2 billion, and the Netherlands supplied US$0.2 billion.

Gita said the government's supports in developing Bintan, Batam, and Karimun (BKK) have caused Singapore to invest more in Indonesia.
<span style="font-size: 14pt"><span style="font-weight: bold">Singapore, No 1 Investor in Indonesia</span></span><br /> <br /> VIVAnews - The United States is the third top country that makes investment in Indonesia at a total of US$0.3 billion worth of contribution in 33 projects.<br /> <br /> However, up until the second quarter of 2010, Singaporean investors are listed as number one with a total investment of US$1.6 billion in 156 projects.<br /> <br /> The realized investment up until the first semester of 2010 is recorded Rp 71 trillion, 46.1 percent higher compared to the same period of 2009 at Rp 48.6 trillion.<br /> <br /> &quot;During the crisis, investment from developed countries may be lower,&quot; said Chief of the Capital Investment Coordinating Agency (BKPM) Gita Wirjawan in Jakarta today, July 28.<br /> <br /> Data of BKPM revealed that in addition to the US and Singapore, Hong Kong investors have put in US$0.8 billion worth of money, Japan invests US$0.2 billion, and the Netherlands supplied US$0.2 billion.<br /> <br /> <span style="font-weight: bold">Gita said the government's supports in developing Bintan, Batam, and Karimun (BKK) have caused Singapore to invest more in Indonesia.</span>
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