Global Economic Crisis Spurs National Investment

Surabaya (Antara Bali) - The global economic crisis spurred a larger increase in national investment this year, compared to previous years, due to the heavy flow of investment funds into Indonesia.

"The global financial and economic crisis in the United States and several countries in Europe lead the world¿s economic map to Asia, including Indonesia," said Java-Bali operational director of state-owned electric company PLN, I Gusti Ngurah Adnyana, in Surabaya on Thursday.

Additionally, the global economic crisis that began in 2008 is believed to have had no negative impact on the national economy after 2011, when Indonesian economic growth recorded a positive figure of 6.5 percent.

"Meanwhile, 2011 global economic growth did not touch zero percent or show any negative growth," Adnyana noted.

Further, stable national economic growth could lead to higher electricity consumption throughout the country, so it is required for PLN to provide adequate infrastructure, he said.

"This is to facilitate future investments," Adnyana noted.

Electricity supplies for Java and Bali Islands have a substantial amount of reserves through its regional network, put at 18 percent in 2011.(IGT)