(MENAFN) Authorities declared on Friday, October 24, that Indonesia's asset accomplishment in this year's third quarter augmented to 209 trillion Indonesian rupiah (USD14.3 billion).
According to the country's Investment Coordinating Board (BKPM), the figure was 20 trillion rupiah (USD1.3 billion) higher than the second quarter of this year.
It also noted a year-on-year upsurge of 3.3 trillion rupiah (USD224 million).
Local direct investment made up 102.9 trillion rupiah (USD7.04 billion), or 49.2 percent, of the third quarter total, with foreign direct investment accounting for the remaining 106.1 trillion rupiah (USD7.26 billion).
Bahlil Lahadalia, head of BKPM, stated in a virtual press meeting on Friday, October 23, "We have been able to improve the investment climate in the third quarter of 2020. In the second quarter, investment realization only reached 191.9 trillion rupiah (USD13.1 billion)".
MENAFN2410202000450000ID1101010271
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.