Foreign investors now more interested in secondary sector
Bareksa • 15 Apr 2014
Lahan bekas tambang bauksit yang tandus menghampar di Pulau Bintan, Kepri, Sabtu (5/4) - (Antarafoto/Joko Sulistyo)
Foreign direct investment (FDI) in the secondary sector reached US$15.8 billion last year
The Jakarta Post - Foreign investors have shifted their focus from Indonesia’s mining and plantation industries to those in the secondary sector such as the food, automotive, chemical and pharmaceutical industries, which are considered more promising now, according to the Investment Coordinating Board (BKPM).
Indonesia’s huge market coupled with an emerging middle class, a growing economy and increased consumer spending, have attracted foreign investors to pour their money into Southeast Asia’s largest economy.