FDI slows amid global uncertainty
Investment is Indonesia’s second - biggest economic growth driver after household consumption
![FDI slows amid global uncertainty](https://media.bareksa.com/cms/media/assets/image/2014/04/6185_e2b2dc284500975cd8a536b8e3f4aad4.jpg)
Investment is Indonesia’s second - biggest economic growth driver after household consumption
The Jakarta Post - Indonesia saw a sharp slowdown in foreign direct investment (FDI) growth in the first quarter of 2014 due to lagging global economic recovery, while at the same time investors also held back from pouring more money in to the country’s economy due to political uncertainty during an election year.
The Investment Coordinating Board (BKPM) reported on Thursday that, in the first quarter this year, FDI realization grew only 9.8 percent year-on-year (y-o-y) to hit Rp 72 trillion (US$6.2 billion), a far cry compared to the 25.4 percent growth Indonesia posted a quarter earlier.
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