JAKARTA: The overall investment target for last year has been met despite stagnant foreign direct investment (FDI), thanks to domestic investors picking up the slack, the Investment and Downstream Minister says.
“Last year was indeed not an easy one because, as we all know, the global economy was still clouded by uncertainty, starting from a global economic slowdown and geopolitical tension to the fragmentation of international trade,” Investment Minister Rosan Roeslani told a press conference on Jan 15, noting that realised FDI increased just 0.1% last year.
Though foreign investment had accounted for slightly more than half of realised investment in recent years, domestic investment outstri
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