Indonesia hopes for USD38 billion in investment this year

Source: Pano feed

Indonesian Coordinating Minister for Economy Hatta Rajasa has expressed his optimism on the country’s prospects, saying that Indonesia will achieve the USD38 billion investment target this year as consumption picks up.


Last year, Indonesia set a target of increasing investment for 2014 by 15 percent.


With the improving global economy this year, I am optimistic that our investment and trade would continuously grow,” Hatta said on the sidelines of the JI expo in Kemayoran.


The minister believes that the upbeat data on the investment and trade will help create more jobs as the economy grows faster.


Indonesia is estimated to chalk up USD32.8 billion in direct foreign investment this year, the investment coordinating board BKPM has said.


The Trade Ministry also forecast the country’s exports will grow by 4.1 percent to USD190 billion in 2014.


Indonesia is the world’s biggest exporter of nickel ore, thermal coal and refined tin. It is also one of the top providers of palm oil./.




Đăng ký: VietNam News

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