Singapore remains Indonesia's largest investor. A release from the Indonesian Investment Coordinating Board (BKPM) notes that Foreign Direct Investment (FDI) from Singapore in the first half of 2017 reached US$3.66 billion, or approximately Rp 48.69 trillion. This figure represents 24 percent of total foreign investment (FDI) in Indonesia and is the largest compared to other countries.
Japan follows in second place with US$2.85 billion in investment, and China is in third place with US$1.95 billion. The top ten countries investing in Indonesia contributed US$13.33 billion, or 86 percent of the total investment of US$15.55 billion (approximately Rp 206.9 trillion). Foreign investment in Indonesia during the first half of this year grew by 5.8 percent compared to the first half of the previous year.
Total investment in Indonesia in the first six months of 2017 reached Rp 678.8 trillion, or about 49.6 percent of the target. This amount consists of Rp 429 trillion in FDI and Rp 249.8 trillion in Domestic Direct Investment (PMDN).
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