Jimmy Hitipeuw JAKARTA, KOMPAS.com – Investment is likely to remain the main engine of Indonesia’s economic growth in 2012 which is projected to reach 6.7 percent, a Finance Ministry official said. “Our focus in 2012 will be on spurring investment growth, either in the private or public sector by optimizing capital spending,” acting chief of [...]
Syofiardi Bachyul Jb, The Jakarta Post, Padang Teluk Bayur Port in Padang, West Sumatra, will be renovated at a cost of Rp 1.7 trillion (US$185.8 million) in a bid to provide better services for both export and import activities. The renovation project, expected to run from 2011 to 2015, comes in response to a rising [...]
The Jakarta Post, Jakarta Indonesians will likely spend less and invest more next year, spurred by concerns over the global financial situation, a new Nielsen survey has found. “The volatility of the global economy and financial markets leave Indonesian consumers unconvinced about the future of the economy,” Nielsen Indonesia managing director Catherine Eddy said on [...]
Shirley Christie & Reuters Germany’s HeidelbergCement plans to invest $500 million to build a cement plant in Pati, Central Java, as its aims to boost production to meet growing demand in Indonesia, Trade Minister Gita Wirjawan said on Wednesday. “Today I met HeidelbergCement executives, and they said they would invest $500 million,” said Wirjawan, who [...]
JAKARTA, KOMPAS.com – Domestic and foreign companies spent IDR65 trillion ($7.4 billion) on projects in Indonesia during the third quarter of 2011, an on-year increase of 15.3%, a government official told Dow Jones Newswires Thursday. The official also said total investment by local and overseas interests over January to September rose 20.9% compared with the [...]
Nusa Dua, Bali (ANTARA News) – The Investment Coordinating Board (BKPM) has predicted investment in Indonesia will grow by 16.6 percent to Rp280 trillion next year from Rp240 trillion this year. With the increase in investment, the Indonesian economic growth would remain stable, BKPM Chief Gita Wirjawan said after addressing a seminar on New Asia [...]
TEMPO Interactive, Jakarta:Investment Coordinating Board (BKPM) chief Gita Wirjawan, says PT Unilever is ready to increase investments by US$ 600 million for Indonesia. This was stated after he joined President Susilo Bambang Yudhoyono in a meeting with PT Unilever CEO Paul Polman, in Jakarta yesterday. Unilever plans to expand three of its factories in Java. [...]
London (ANTARA News) – Indonesia still has foreign investor confidence for making investments in the country, Capital Investment Coordinating Agency (BKPM) chairman Gita Wirjawan said. Especially with an economic growth rate estimated to reach 6.5 pct in 2011, Gita Wirjawan said at Indonesian Business Day held at Haus der Commerzbank in Berlin, Counsellor for information, [...]
Evita Legowo (Antara) Jakarta (ANTARA News) – Investment in oil and gas explorations in Indonesia will increase by US$68.43 million in the next three years, the director general of oil/gas of the ministry energy and mineral resources ministry, Evita Legowo, said. “The investment will come from the signing of seven cooperation contracts for coal bed [...]
Jakarta (ANTARA News) – The inceasingly bright growth prospects of Indonesia`s automotive market are boosting the government`s belief that the country can eventually become a car parts industry base for East Asia, chief economic minister Hatta Rajasa said. “If we consistently entertain the idea that Indonesia is an ideal place for automotive companies to base [...]
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