Singapore Remains Indonesia's Largest Investor in Semester I 2019

Dwi Hadya Jayani 31/07/2019 09:00 WIB

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Singapore remains the largest source of foreign investment in Indonesia, amounting to US$3.43 billion.

Top 10 Countries with the Largest Investments in Indonesia in the First Half of 2019

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Singapore Remains Indonesia's Largest Investor in Semester I 2019

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Top 10 Countries with the Largest Investments in Indonesia in the First Half of 2019

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The Indonesian Investment Coordinating Board (BKPM) recorded that Singapore remained the largest source of investment throughout January-June 2019. However, foreign direct investment (FDI) from Singapore decreased by 31.96% compared to the previous period, falling from US$5.04 billion in January-June 2018 to US$3.43 billion in January-June 2019.

Japan ranked second as the largest investor in Indonesia with an investment value of US$2.36 billion. This figure also decreased by 1.29% from the previous period's US$2.39 billion. Meanwhile, China ranked third with an investment value of US$2.29 billion in Indonesia.

Unlike Singapore and Japan, foreign investment from China increased by 70.3% compared to the first half of 2018, rising from US$1.34 billion. Hong Kong and Malaysia ranked fourth and fifth, with investments of US$1.31 billion and US$1.05 billion, respectively.

Editor : Hari Widowati

"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."