Indonesia recorded weak investment realization of Rp176.3 trillion (US$12.055 billion) in the second quarter (Q2) of this year, Investment Coordinating Board (BKPM) reported on Tuesday (Aug 14). It decelerated 4.9% from Rp185.3 trillion (US$12.67 billion) in Q1 this year but increased 3.1% from Rp170.9 trillion (US$11.68 billion) compared to Q2 last year.
The realization of foreign direct investment (FDI) reached Rp95.7 trillion, significantly down 12.9% from Rp109.9 trillion Q2 last year. Government expects FDI to realize Rp799 trillion in this year. Meanwhile, Domestic Direct Investment (DDI) increased by 32.1% to Rp80.6 trillion, from Rp61 trillion in Q2 last year.
