A research by Institute of Chartered Accountants in England and Wales (ICAEW) report titled Economic Insight: Southeast Asia projects Indonesia’s actualized investments to reach 6.2 percent next year. The projection is based on the assumption that the economy will grow 5.2 percent next year.
This year so far, the economic growth rate has reached 5.04 percent.
“Indonesia’s improving competitiveness has supported the flow of trade, employment, investments, and consumer spending,” ICAEW regional director for Southeast Asia Mark Billington said in a written statement Tuesday, September 7.
Billington said Indonesian companies must maintain a strong capital inflow to secure business opportunities. Meanwhile, the government must keep a smooth credit disbursement for the remainder of this year, to make sure the wheels of the economy continue to move.
According to the Investment Coordinating Board (BPKM), actualized investment in quarter three has increased by 12.3 percent compared to the previous quarter.
As of the first half of 2016, actualized investments amounted to Rp298.1 trillion, or increasing by 14.8 percent, year on year. The figure also accounts for 50.1 percent of this year’s actualized investment target, which the government sets at Rp594.8 trillion.