The Investment Coordinating Board (BKPM) says it is currently focusing on promoting investment in Indonesia's downstream industries among efforts to boost growth in the sector.
“Aside of the growing infrastructure sector, we’re offering the downstream sector to investors because Indonesia needs a lot of processing industries,” BKPM deputy chief for promotions Himawan Hariyoga said Monday in Jakarta, as quoted by tribunnews.com.
Himawan added BKPM was planning to follow the investment trend next year, with an increasing focus on energy and downstream sectors. He also said the Board would focus particularly on offering investments in agricultural and mining processing industries.
According to BKPM data, most local investments have been in food and plantation, electricity, gas, water, publishing and mining industries.
Meanwhile, the majority of foreign investments have been in the transportation, warehouse, telecommunications, mining, electronics, electricity and pharmaceutical industries, among others.
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