Domestic investment (PMDN) in the first quarter of 2017 reached Rp 68.77 trillion. Rp 11.8 trillion, or 17.2 percent, flowed into DKI Jakarta. This is the largest amount compared to PMDN in other provinces. The number of local investment projects in Jakarta totaled 132.
Meanwhile, the province receiving the second-largest PMDN inflow was East Java, with an investment value of Rp 9.39 trillion and 293 projects. West Java ranked third, with an investment value of Rp 9.1 trillion and 180 projects.
Total investment, both foreign direct investment (FDI) and PMDN, for the first three months of this year grew by 13.2 percent to Rp 165.8 trillion from the previous year. This achievement represents only 24.4 percent of the 2017 target of Rp 678.8 trillion.
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