Indonesia Stock Exchange (IDX) development director Nicky Hogan revealed that foreign investors prefer investing their money in infrastructure companies that are related to development programs in Indonesia. “Other companies favored by foreign investors are those with a large consumer base, particularly corporations that manufacture consumer goods,” said Nicky at the IDX on Friday, October 13.
According to Nicky, foreign investors are attracted to the companies because Indonesia has a population of 262 million people. He also pointed out that Indonesia’s high-value foreign investment mainly comes from Europe and the United Staes. Currently, foreign investment makes up 52 percent of the total investment in Indonesia. “The figure has dropped when compared to last year’s 63 percent,” Nicky said. Nicky revealed that domestic investors are currently on the rise. He said that the number of domestic investors makes up 48 percent of the total investors increasing by 33 percent compared to the last two years.