Indonesia Investment Coordinating Board Eyes 594.8 trln Investment in 2016
The Indonesia Investment Coordinating Board (BKPM), the central government's investment service agency, said foreign direct investment (FDI) is projected to account for 65 percent - or IDR 386.6 trillion (approx. USD $28.2 billion) - of total direct investment in Indonesia in 2016. The BKPM sees domestic direct investment realization next year at IDR 208.4 trillion. As such, in total, direct investment realization in Indonesia is estimated at IDR 594.8 trillion (approx. USD $43.4 billion) in 2016.
Foreign direct investment (FDI) realization in Indonesia always outperforms domestic direct investment. Franky Sibarani, Chairman of the BKPM, said his agency will enhance efforts to boost domestic investment realization in the years ahead. In about three to five years, domestic investment should account for approximately 40 percent of total direct investment in Indonesia (from around 35 percent currently).
Total investment realization in Indonesia reached IDR 400 trillion in the first three quarters of 2015, equivalent to 77 percent of the BKPM's total 2015 investment target of IDR 519.5 trillion and up 16.7 percent (y/y) from investment in the same period last year.
• The BKPM targets total direct investment in Indonesia at IDR 594.8 trillion in 2016, up from the investment realization target of IDR 519.5 trillion in 2015
• In terms of geography, slightly over 50 percent of total direct investment in Indonesia is invested in Java, Indonesia's most populous island
• Regarding FDI into Indonesia, nearly 50 percent of FDI during the period 2010-2015 originated from Asia
Foreign and Domestic Direct Investment in Indonesia (in IDR trillion):
|Domestic Direct Investment||34.6||38.2||41.6||41.7||42.5||42.9||47.8|
|Foreign Direct Investment||72.0||78.0||78.3||78.7||82.1||92.2||92.5|
|Domestic Direct Investment||14.1||18.9||19.0||24.0||19.7||20.8||25.2||27.5||27.5||33.1||33.5||34.1|
|Foreign Direct Investment||39.5||43.1||46.5||46.2||51.5||56.1||56.6||65.5||65.5||66.7||67.0||71.2|
Source: Indonesia Investment Coordinating Board (BKPM)
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To your team, best success and other wishes for 2016
----------------------------------INVESTMENTS IN 2015 from BKPM------------------------------------------------
unless misunderstanding from my side on date as reported as above, the indicated figures contains several mistakes or contradictions
when we sum-up the figures in quarterly tables, in-taking in empty Q4 columns same figures than those shown in Q3 columns we come to followings:
FDI : 359,3 trillionIDR (instead of 386,6) > 28,2bnUSD (rate:13.709)
Domestic: 181,0 trillionIDR (instead of 208,4 ) > 15,185bnUSD
Total 540,3 trillionIDR (instead of 594,77) > 43,385 bnUSD
it would result that i) total investment is far less (90%) than reported; ii) FDI represents 66,5%
Please confirm thanks