Indonesia is targeting investment growth of 9.51% in 2020
JAKARTA. The Indonesian government is targeting investment growth of 9.51% to Rp 886 trillion in 2020.
Bahlil Lahadalia, Head of the Investment Coordinating Board (BKPM), said the target was still quite realistic, considering that his party will push for the completion of a number of stalled projects in Indonesia, as well as completing the Omnibus Law.
"We will finish the omnibus law, all overlapping regulatory issues will be accommodated and resolved there," Lahadalia said as quoted by Kontan on Wednesday (29/1) yesterday.
From the investment realization target of Rp 886 trillion, BKPM projects 55% of the investment will come from foreign investors (PMA), while the rest comes from domestic investors (PMDN). (KR/AR)