The government will provide incentives for investors willing to take part in large-scale projects, the Investment Coordinating Board (BKPM) says. BKPM chairman Gita Wirjawan said Sunday that the government would offer fiscal and non-fiscal incentives to investors willing to take part in large-scale projects. “We’re still in discussions with the Industry Ministry and the Finance [...]
Chief of the Investment Coordinating Board (BKPM) Gita Wirjawan said investment in the first quarter of this year reached Rp42.1 trillion. “Investment in the first quarter of this year reached Rp42.1 trillion consisting of 574 projects,” Wirjawan said here on Sunday. He said that the foreign investment was recorded at Rp35.4 trillion or US$3.8 billion [...]
Chief Economic Minister Hatta Rajasa said Indonesia is still considered conducive for investment by foreign investors. “Foreign investors still regard Indonesia as a conducive place for investment in portfolio, real sector as well as manufacturing. Our exports are also increasing,” he said after a coordination meeting on an upcoming Asean Summit in Hanoi here on [...]
State power company PT PLN plans to invest US$2.2 billion for a 700-kilometer power grid linking Sumatra to Java in a project that could kick off in 2011.
