First Quarter, City's Investment Realization Reached Rp 24.7 Trillion
Reported by Aldi Geri Lumban Tobing | Translated by Nugroho Adibrata
The efforts of Jakarta's Investment and One-Stop Integrated Services (PM and PTSP) in attracting investment have made positive results.
Jakarta still be excellent for investors to invest in Indonesia
Based on the domestic and foreign investment results, Jakarta's investment realization in the first quarter (January-March 2019) has hit Rp 24.7 trillion.
PMPTSP Continues to Increase Ease of Doing Business in JakartaJakarta PM and PTSP Agency Head, Benni Aguscandra said that its rate is supported by several factors such as, simplification of licenses, service innovations, socialization campaigns, investment promotions and other efforts to increase investment rates.
"In the first quarter, the foreign investment reached USD 955.4 million or Rp 14.3 trillion and domestic investment reached Rp 10.4 trillion," he expressed, Monday (5/13).
Based on data from realization of investment in the first quarter, Jakarta has the most foreign and domestic investment projects in Indonesia, reaching 3,470 projects,
"In details, the realization of domestic investment reaches 638 projects and increased 134 projects from the same period last year (YoY), and foreign investment reaches 2,832 projects and increased 144 percent of YoY with 1,160 projects," he told.
By so he is optimistic that investment target by Rp 100.2 trillion can be realized.
"Jakarta still be excellent for investors to invest in Indonesia," he stated.
As for the information, the largest business sectors that are in demand by domestic investors are construction, transportation, telecommunications, food industry, food crops, plantations, livestock, electricity, gas and water.
While for the business sectors that are in demand by foreign investors include housing, industrial estates and offices, mining, basic metal industry and metal goods.