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East Kalimantan Seeks Rp35 Trillion Investment in 2014

16 April 2014 15:38 WIB

Kilang minyak mentah Balikpapan, Kalimantan. ANTARA/Dedhez Anggara

TEMPO.CO, Balikpapan - The East Kalimantan provincial government has set a target for the province’s investment realization this year at Rp35 trillion or a 10.37 percent increase from last year’s Rp31.7 trillion.

East Kalimantan Regional Investment and Promotion Board (BPPMD) chief Diddy Rusdiansyah said the target was slightly higher than the target the province had projected at the year’s beginning of Rp32.49 trillion.

“We are optimistic that we can meet this year’s target given the positive investment development,” he said in Balikpapan, Wednesday, April 16, 2014.

Diddy added, however, that the investment realization in his region in the first quarter of the year had not been calculated correctly due to discrepancies between the figures calculated by the BPPMD and the Investment Coordinating Board (BKPM). He also said the data from regencies in the province could not be completed until the end of the week.

Diddy said the plantation sector had become one of the top investment sectors of East Kalimantan aside from the mining, oil and gas sectors. He added the province’s tertiary sector of other services dominated the investment realization from the domestic investment plan (PMDN) last year, followed by other tertiary sectors of electricity, gas, and water.

SG WIBISONO



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