First Quarter Investment Realization Reaches Rp 146.5 Trillion

Jakarta, InfoPublik – Indonesian Investment Coordinating Board (BKPM) recorded that investment realization in the first-quarter of 2016 reached Rp.146.5 trillion, or up by 17.6 percent from the same quarter of previous year which amounted to Rp.124.6 trillion.

This achievement is equivalent to 24.6 percent of Rp.595 trillion realization target in 2016. 

"The figure shows optimistic trend in achieving the 2016 investment realization target. The will increase significantly in the second quarter of 2016. From the result of the first quarter, we can predict that by the end of the year, the Rp.595 trillion target will be achieved," said BKPM Head Franky Sibarani in Jakarta, Monday (4/254).

The Domestic Capital Investment (DCI) rose by 18.6 percent to Rp.50.4 trillion while Foreign Direct Investment (FDI) also rose by 17.1 percent to Rp.96.1 trillion. In terms investment distribution, the realization in Java reached Rp.80.7 trillion and Rp.65.8 trillion for outside Java.

"The realization in Java on the first quarter of 2015 reached 44.9 percent, while in the first quarter of 2016 it is amounted to 43.9 percent. This means that the portion of the investment in Java decreased by 1 percent," he said.

Franky said that the first quarter investment realization of 2016 absorbed 327,000 workers consisted of 136,000 labor force from DCI and 190,000 from FDI.

"In Java, Rp.80.7 trillion absorbed 180,000 workers, while outside Java which amounted to Rp.65.8 trillion absorbed 146,000 workers," he said. (Translator: Siti Chodijah)