The deputy chairman of the Investment Coordinating Board said on Monday that the Netherlands was the No. 1 investor in Indonesia over the past six months, although he declined to state the actual value of the investments.
“We have the Netherlands as the No. 1 investor, followed by Singapore and South Korea,” said Yus’an of the BKPM during a hearing with the House of Representative’s Commission VI.
Dutch investment focused on the hotel, textiles, and iron and steel sectors, while Singaporean companies invested in the trade, electricity and water sectors, and South Korean firms in the iron ore and construction sectors.
Source: JakartaGlobe, 30 June, section B