Indonesia sets growth target for direct investment of 15% in 2010 2009-12-10 12:32:46   Print

    JAKARTA, Dec. 10 (Xinhua) -- The Indonesia's Investment Coordinating Agency is optimistic that direct investment could grow 15 percent to 46 billion U.S. dollars in 2010 compared to this year's realization, Bisnis Indonesia daily quoted an official as saying on Thursday.

    The agency's head Gita I. Wirjawan said that the government will keep improving infrastructure, both physics and non-physics, to dig the investment potential deeper.

    One of the efforts is by providing investment facilities in one-stop integrated service.

    "The facilities should be materialized so that Indonesia becomes investment choice," said Gita in the sideline of an investment dialog on Wednesday.

    This year, Gita expected that domestic investment realization could reach 300 trillion rupiah (about 30 billion dollars), increasing 104 percent compared to 2008.

    Meanwhile, the foreign direct investment (FDI) would only book 10 billion dollars, declining 28 percent from 2008.

    "Next year, the whole investment is expected to increase 10-15 percent compared to 2009. The FDI is expected to decrease slightly due to the impact of the global financial crisis. However, we will try to push it above 10 billion dollars," said Gita.

    Finance Minister Sri Mulyani Indrawati said that investment is related heavily with economic prospect of a country.

    She said that investors would see relatively healthy economic growth in 2010 if political and economic stability is maintained even though inflation would not be as low as this year.

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Editor: Xiong Tong
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