Labor-intensive Investment Drops 12%, BKPM Says
Kamis, 1 Januari 1970 07:00 WIB
Franky Sibarani (left), Head of the Investment Coordinating Board (BKPM) and Azhar Lubis, Deputy Head of Investment Control Implementation (Right). ANTARA FOTO
TEMPO.CO Jakarta
It was the only sector that posted a downtrend as other sectors posted positive achievements.
"For instance, investment in the food industry was down by 18 percent or Rp43.5 trillion," Franky said on Thursday, January 21.
Last year, the BKPM recorded Rp545 trillion worth of realized investments, comprising of Rp179.5 trillion domestic and Rp365.9 trillion foreign investment.
The figure is above its initial target of Rp519.5 trillion and represents a 17.8 percent annual increase from 2014's achievement.
ARKHELAUS W | FAIZ NASHRILLAH
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