Indonesia’s investment surge to $391.8b in 5 yrs

Indonesia’s Investment Minister Rosan Perkasa Roeslani announced on Tuesday that the country attracted a significant influx of domestic and foreign capital over the past five years.

The country received a total of $391.8 billion in investments during this period, nearly doubling the amount garnered in the previous five-year span, which stood at $224.6 billion.

Minister Roeslani attributed this remarkable growth to a 90.2 per cent increase in investment activity, translating to an average annual growth rate of 18 per cent.

Attribution: Xinhua

Subediting: M. S. Salama