Foreign Investment Rises

COMPARED with the same period last year, foreign investment during the first half of 2005 increased to Rp31.8 trillion from Rp18.8 trillion, a rise of some 69.5 percent. This means that 98.4 percent of this years foreign investment target of Rp32.4 trillion has already been realized.

On the other hand however, according to Muhammad Lutfi, Chairman of the Investment Coordinating Board (BKPM), domestic investment has dropped.