Indonesia’s Investment Coordinating Board (BKPM) says that for the first half of the year, the country is nearly halfway to its 2023 investment target.
BKPM head Bahlil Lahadalia reports the 678.7 trillion rupiah (45.1 billion USD) in investment realized in the first half of the year marks a 16.1% year-on-year increase and accounts for 48.5% of this year’s target.
President Joko “Jokowi” Widodo has set this year’s investment target at 1.4 quadrillion rupiah, up from last year’s goal of 1.2 quadrillion rupiah.
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