The materialized foreign direct investment (FDI) in Indonesia soared by 164.1 percent to 10.34 billion U.S. dollars in five months ending May this year from 5.91billion dollars in the same period last year, an official said Monday.
The transportation and communication sector topped the FDI list with 6.54 billion dollars, trailed in a distance by electronic and machinery industry 499.4 million dollars, according to Investment Coordinating Board (BKPM) Chairman Muhammad Lutfi.
The automotive sector ranked third with 431.9 million dollars, the trade sector was fourth with 357.5 million and paper industry in fifth with 292.2 million, Lutfi was quoted by leading news website Detikcom as saying.
However, over the same period, the realization of domestic investment plunged 68.3 percent to 5.91 trillion rupiah (about 633.98 million dollars) from 18.62 trillion rupiah (2.0 billion dollars).
In overall, the materialized investment surged 86.9 percent that period, Lutfi said in a hearing with the House of Representatives here.
Source: Xinhua
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