#Indonesia attracted $7.7 billion in foreign direct #investment last year, only down slightly from t...


#Indonesia attracted $7.7 billion in foreign direct #investment last year, only down slightly from the year-earlier as the largest economy in Southeast Asia managed to stock up investors' confidence in its economic resilience and prospect amid the Covid-19 pandemic.

The Investment Coordinating Board (@bkpm_id) announced on Monday that the foreign direct investment (FDI) into Indonesia reached Rp 413 trillion ($7.7 billion), down 2.4 percent from 2019.

The largest economy in #SoutheastAsia fared much better compared to other countries in the region, which saw a 31 percent drop in total FDI last year, according to data from United Nations Conference on Trade and Development published on Sunday.

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Image by Jakarta Post, Nov 1, 2019.
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