Metrotvnews.com, Jakarta: Investment realization reached Rp155.3 trillion in the third quarter of 2016. It increased by 10.7 percent compared to the same period last year.
Domestic direct investment reached Rp55.6 trillion, while foreign direct investment reached Rp99.7 trillion.
Investment Coordinating Board (BKPM) chief Thomas Lembong mentioned investment realization from January to September reached Rp453.4 trillion. It increased by 13.4 percent compared to the same period last year.
“Foreign direct invesment reached Rp295.2 trillion or increased by 10.61 percent,” said Thomas during a press conference in Jakarta on Thursday (10/27).
Thomas added the investment realization created almost 1 million jobs.
“BKPM urges regional offices and agencies to eradicate illegal fees and reduce official fees that can create high cost economy,” he stated.