The realization of foreign direct investment (FDI) to Indonesia plunged by 43.85 percent to 4.29 billion U.S. dollars in the first nine months of 2006 against 7.64 billion dollars in the same period last year.

The new investment covers 702 projects, including machinery and electronics (861.8 million dollars), paper and printing industries (439.5 million), automotive industry (421.5 million), textile industry (407.7 million) and trade (347.2 million), according to the data released by the Investment Coordinating Board (BKPM).

Over the same period, materialized domestic investment rose slightly by 3.84 percent to 12.43 trillion rupiah (around 1.4 billion dollars), according to the report available on Thursday.

Source: Xinhua