Trade and Investment Bulletin Volume VI, May 2017 | Page 4

BKPM: The US Makes the List of Top Five Foreign
Investment by Country
The Investment Coordinating Board puts China in the third place, behind
(BKPM) reports that the United States has Singapore (US$2.1 billion) and Japan
made it into top five foreign investments (US$1.4 billion).
by country in the first quarter of 2017.
The former trade minister said that
US ranked fourth with US$587.4 million Chinese investment in Indonesia continues
investment between January and March. to grow above average in recent years
“US investment is substantial. I hope the compared to other countries.
investment will continue to increase,” he
said.
Data from the BKPM show that Indonesia
experienced Rp165.8 trillion investments
in the first quarter of 2017 or 24.4 percent
of the full-year target of Rp678.8 trillion.
The figure was a 13.2 increase compared
US can continue to at least be in the top “China is already the world’s second- to the same period last year at 146.5
7,” the BKPM chairman Thomas Lembong largest economy and Asia’s number one. trillion and created 194,000 new jobs.
said yesterday in Jakarta.
So, it would be natural if it becomes
Domestic investment realization reached
Lembong underlines Indonesia’s economic number one in Indonesia,” he said.
Rp68.8 trillion, a 36.4 percent increase
ties with the US, which was reflected in the Thomas even said that Chinese investment compared to the same period last year.
US Vice President Mike Pence’s visit to in Indonesia is smaller than its investment Meanwhile, foreign investment realization
Jakarta last week.
in the neighboring countries.
stood at Rp97 trillion, a 0.94 percent
Thomas also stressed the importance of “We lag behind the neighboring countries. increase compared to last year.
Chinese investment that reached US$599.6 I believe the trend is apparent, Chinese (Source: Tempo.co)
in the first quarter this year. The figure
Indonesia – U.S. Trade Overview
Photo: fas.usda.gov
Indonesia is the most populous Southeast
Asian nation and is the largest market in
the region for U.S. agricultural exports,
which totaled $2.7 billion in 2016.
Indonesia ranks as the United States'
ninth-largest market worldwide, with top
U.S.
agricultural
exports
including
soybeans, cotton, feeds and fodder,
wheat, and dairy products.
During the global financial crisis, Indonesia
outperformed its regional neighbors and
joined China and India as the only G20
members posting growth.
Indonesia's government ratings to positive
from stable.
President Joko Widodo - elected in July
2014 – develops Indonesia’s maritime
resources and pursues other infrastructure
development,
including
si gnificantly
increasing its electrical power generation
capacity. Fuel subsidies were significantly
reduced in early 2015, a move which has
helped the government redirect its
spending to development priorities.
Indonesia’s annual budget deficit is capped
at 3% of GDP, and the Government of
Indonesia lowered its debt-to-GDP ratio
from a peak of 100% shortly after the
Asian financial crisis in 1999 to less than
While bilateral trade continues to grow, 25% today.
Indonesia has increasingly adopted trade
restrictive measures in an attempt to fulfill Moody's Investors Service on February (Source: fas.usda.gov; Indexmundi.com;
food self-sufficiency goals.
8th, 2017 revised the outlook on cia.gov)
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Trade & Investment Bulletin| Number VI / May 2017