Printer Friendly

PMDN and PMA approvals down in first semester of this year.

Approvals for domestic investment project by the government shrank year-on-year by 72% to Rp 11.11 trillion in value in the first half of this year the number of approved projects dropped by 39% to 80. Similarly a sharp fall was recorded for the foreign investment (PMA) PMA approvals dropped by 42% to US$ 2.52 billion in value and by 25% to 596 in the number of projects. PMA indicated interest more in the service sector in which investment proposals were valued at US$ 1.4 million or 55.39% of their total investment plans in the first half of this year.
COPYRIGHT 2002 P.T. Data Consult, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:government investments
Comment:PMDN and PMA approvals down in first semester of this year.(government investments)
Publication:Indonesian Commercial Newsletter
Article Type:Brief Article
Geographic Code:9INDO
Date:Aug 13, 2002
Words:103
Previous Article:Allianz starts exploiting retail market.
Next Article:Steel exports to Thailand imposed with a 30% anti dumping duty.
Topics:

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |