The Company Profile of BIG MANUFACTURING IN 12 PROVINCE In Indonesia, 2014
According to data from the Indonesia Investment Coordinating Board (BKPM), total investment realization in Indonesia grew 16.4 percent (year-on-year) in the second quarter of 2014 IDR 116.2 trillion (US$ 10.0 billion), the highest ever quarterly investment result and thus proved that Indonesia’s legislative and president elections in 2014 were no reason to postpone direct investments. Foreign direct investment (FDI) was recorded at IDR 78.0 trillion US$ 6.7 billion), while domestic direct investment (DDI) was IDR 38.2 trillion (US$ 3.3 billion).
In the manufacturing sector, the Indonesian government revised down its largest for the country’s manufacturing growth in 2014 to 6 percent year-on-year (YOY) from 6.4 to 6.8 percent (YOY). Main reason fro the downgrade was the lower than expected GDP growth result in the first quarter of 2014. Earlier, Indonesia Statistic Agency announced that the Indonesia economy expanded 5.21 percent in Q1-2014, the slowest quarterly growth pace since the fourth quarter of 2009. Last year, Indonesia’s manufacturing sector grew 6.19 percent (YOY). In the first quarter of 2014, the Indonesian manufacturing industry grew 5.16 percent (YOY).