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Foreign Direct Investment (FDI) flowing into West Java in the first quarter of 2017 reached US$1.52 billion, equivalent to Rp20.22 trillion. This figure is the largest compared to foreign investment in other provinces. This amount represents 20 percent of the total foreign investment (PMA) entering Indonesia in the first three months of this year, valued at US$7.29 billion or approximately Rp97 trillion.
Meanwhile, the province receiving the second-largest inflow of foreign investment was DKI Jakarta with a value of US$934.74 million, or Rp12.43 trillion, involving 1,378 projects. In third place was Papua with a value of US$589.76 million, equivalent to Rp7.8 trillion, with 57 projects.
Foreign investors are now starting to look at Indonesia's eastern region as an investment destination. Of the 10 provinces with the largest investment values, three are located in eastern Indonesia.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy,
but please note that automated translations may contain errors or slight inconsistencies."