The Investment Coordinating Board (BKPM) revealed that transportation, warehouse, and telecommunication sectors had proved 1Q20 investment domination of IDR49.3 trillion or 23.4 percent from the total Foreign Direct Investment (PMA) and Domestic Direct Investment (PMDN). The three sectors were successful in maintaining its 2019’s investment domination of IDR139 trillion or 17.2 percent. Of note, those three sectors position at the fifth ranking since 2017 aligning with the infrastructure boom. Furthermore, the basic metal industry & goods made of metal position at the sixth ranking and accounted for 1Q20’s investments of IDR24.5 trillion or 11.6% of the total PMA and PMDN realization. (Kontan)
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