Investment flowing into North Kalimantan (Kaltara) during the first half of 2017 decreased by 48.07 percent to Rp 1.08 trillion, compared to Rp 2.07 trillion in the first half of the previous year. This decrease was triggered by a decline in Domestic Investment (PMDN). Therefore, it is estimated that investment realization in Kaltara this year will be lower than in 2016.
Based on data from the Investment Coordinating Board (BKPM), Domestic Investment (PMDN) into Indonesia's youngest province in the first half of this year plummeted by 91.78 percent to Rp 145 billion, compared to Rp 1.76 trillion in the first half of the previous year. Meanwhile, Foreign Investment (PMA) in the same period increased by 201.74 percent to Rp 931 billion from Rp 308.54 billion previously.
Throughout 2016, investment flowing into the province with Tanjung Selor as its capital city reached Rp 5.5 trillion. This figure comprised Rp 3.35 trillion in PMDN and Rp 2.16 trillion in PMA.
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