Rp74.8 T Investment Flowed into Jakarta in Third Quarter

Thursday, 16 November 2017 , 10:00:00 WIB -

Coordinating Minister for the Economy Darmin Nasution (third right), Investment Coordinating Board (BPKM) Head Thomas Lembong, Minister of Communication and Information Anak Agung Gede Ngurah Puspayoga and Minister of Transportation Budi Karya Sumadi are seen presenting the Jokowi-JK Administration’s performance in the first three years, Jakarta, Tuesday (Oct.17) (ANTARA)

JAKARTA, GRES.NEWS – The Investment Coordinating Board (BKPM) has published its 2017 Third-Quarter Domestic and Foreign Investment Report. According to report, investments (domestic and foreign investment) in Jakarta in the year ended September reached Rp74.8 trillion, up 76 percent from Rp42.5 trillion last year in the same period.

"In the year ended September, investment in Jakarta reached Rp74.8 trillion. Jakartans should be proud as the city’s investment climate is improving. This is the highest since 2012," said Edy Junaedi, Head of Jakarta Administration’s One-Door Integrated Capital Investment and Services Office.

Edy added that the figure beats Key Performance Indicator (KPI) of Rp55 trillion set for Jakarta in 2017.

The sectors attracting the most investment are Housing, Industrial Estates and Offices, which attracted Rp14.9 trillion; Trade and Reparation, Rp8.6 trillion; Other Services, Rp7.9 trillion; Transportation, Warehouse and Telecommunications, Rp5.2 trillion; Hotels and Restaurants, Rp1.3 trillion. (mag)