Jakarta (Antara Bali) - Indonesia still has a lot of opportunities to strengthen its industries due to continuing investment growth, a presidential aide said.
"The high growth of both domestic and foreign investment is indicating that the role of national industries is up again," Prof Firmansyah, the presidential aide for economic and development affairs, said to newsmen here on Thursday.
Realization of investment in the country in the first semester this year reached Rp148.1n trillion with the domestic investment contributing Rp40.5 trillion up by 22.7 percent from the same period last year while foreign investment contribution in the period rose around 30.4 percent to Rp107.6 trillion.
Firmansyah said the realization of investment in the period was equivalent with 52 percent of the 2012 target set at Rp206.8 trillion for foreign investment and Rp76.7 trillion for domestic investment.
The economic professor of state University of Indonesia said that non-oil/gas processing industry growth surpassed national growth by 6.83 percent with the value of non-oil/gas industries' exports reaching US$122.18 billion or 60 percent of total national exports.
"By the end of 2012 non-oil/gas processing industries are expected to be able to grow by 7.05 percent and in 2013 by 8.02 percent," he said.(IGT)
COPYRIGHT © ANTARA News Bali 2012
"The high growth of both domestic and foreign investment is indicating that the role of national industries is up again," Prof Firmansyah, the presidential aide for economic and development affairs, said to newsmen here on Thursday.
Realization of investment in the country in the first semester this year reached Rp148.1n trillion with the domestic investment contributing Rp40.5 trillion up by 22.7 percent from the same period last year while foreign investment contribution in the period rose around 30.4 percent to Rp107.6 trillion.
Firmansyah said the realization of investment in the period was equivalent with 52 percent of the 2012 target set at Rp206.8 trillion for foreign investment and Rp76.7 trillion for domestic investment.
The economic professor of state University of Indonesia said that non-oil/gas processing industry growth surpassed national growth by 6.83 percent with the value of non-oil/gas industries' exports reaching US$122.18 billion or 60 percent of total national exports.
"By the end of 2012 non-oil/gas processing industries are expected to be able to grow by 7.05 percent and in 2013 by 8.02 percent," he said.(IGT)
Editor : Masuki
COPYRIGHT © ANTARA News Bali 2012