Indonesia's Mining Sector Attracts most Investments despite Weak Export
Indonesia's mining sector is still the biggest beneficiary of both domestic and foreign direct investments. Investments in Indonesia's mining sector rose 23.8 percent in the first six months of 2013 compared to the same period in 2012. This may be somewhat surprising as global economic turmoil in recent years has resulted in falling commodity prices and weak mining exports. Investments are the most important pillar of economic growth in Indonesia after the country's vibrant consumer industry.
Foreign Direct Investment:
Sector | Investment (in USD billion) |
Mining | 2.6 |
Transport Equipment and Transportation | 1.9 |
Basic Chemicals and Pharmaceutical Goods | 1.8 |
Basic Metals, Metal Goods, Machinery and Electronics | 1.7 |
Food | 0.9 |
Domestic Direct Investment:
Sector | Investment (in IDR trillion) |
Mining | 11.2 |
Transportation, Storage and Telecommunications | 9.5 |
Food | 8.9 |
Paper, Paper Products and Printing Manufacturing | 4.9 |
Electricity, Gas and water | 4.8 |
Source: Indonesia Investment Coordinating Board