Sign up | Log in



Home  >>   Daily News  >>   Indonesia News  >> Investment  >> Investment targeted to grow by 15 percent in 2014
NEW UPDATES Asean Affairs   23  January 2014  

Investment targeted to grow by 15 percent in 2014

The Investment Coordinating Board (BKPM) is targeting 15 percent or around Rp 450 trillion (US$36.9 billion) growth in realized investments from both foreign and domestic investors in 2014.

“This figure [15 percent] is neutral. It’s not too optimistic but not too pessimistic because growth will not be too extraordinary like in previous years. From opportunities we’ve had, it seems that growth will be bigger than that,” BKPM chairman Mahendra Siregar said on Tuesday, as quoted by Antara news agency.

Mahendra said he was optimistic that the target would be achieved due to several investment-friendly regulations issued by the government, such as Government Regulation No.1/2014, Energy and Mineral Resources Minister Regulation No.1/2014 and Finance Minister Regulation No.6/2014 on domestic mineral industry downstreaming. Presidential Regulation No.36/2010 on the revised negative investment list will also be issued soon.

“On mineral downstreaming, we have issued permits to several companies with investment values of less than Rp 150 trillion. This target will not be realized at once in 2014, but will be achieved over the next several years,” said Mahendra.

He said 28 companies had obtained production permits, three of which had begun construction activities and would start production this year.

The BKPM has also issued a license for investment related to the government program on the palm oil industry to reduce

Indonesia’s dependency on imported oil and to boost domestic energy resiliency.

“Several companies have invested nearly Rp 40 trillion. They will supply biofuel from palm oil to state utility company PT PLN to achieve its target to substitute 1.7 million kiloliters of diesel fuel this year,” he said. (ebf)

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories   23 January 2014 Subsribe Now !
• Protesters undeterred by Emergency Decree, vow harsher disobedience Subcribe: Asean Affairs Global Magazine
• Thai Hotels Association confident tourism will grow 10% Asean Affairs Premium
• Investment targeted to grow by 15 percent in 2014
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Rice exports heading to South Korea
• Cash crops top $1b in exports
Asean Analysis                    23 January 2014 Advertise Your Brand
• Asean Analysis-January 23, 2014
55% of Filipinos believe quality of life worsened
Asean Stock Watch     22 January 2014
The Biweekly Update
• The Biweekly Update  January 10, 2014

• Asean Stock Watch-January 22, 2014

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand